Cost Allocation in PPP Projects: An Analysis Based on the Theory of “Contracts as Reference Points”
In recent years, the demand for infrastructure has been largely driven by the economic development of many countries. PPP has proved to be an efficient way to draw private capital into public utility construction, where ownership allocation becomes one of the most important clauses to both the gover...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Wiley
2014-01-01
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| Series: | Discrete Dynamics in Nature and Society |
| Online Access: | http://dx.doi.org/10.1155/2014/158765 |
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| _version_ | 1850213330748178432 |
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| author | Yichen Peng Jing Zhou Qiang Xu Xiaoling Wu |
| author_facet | Yichen Peng Jing Zhou Qiang Xu Xiaoling Wu |
| author_sort | Yichen Peng |
| collection | DOAJ |
| description | In recent years, the demand for infrastructure has been largely driven by the economic development of many countries. PPP has proved to be an efficient way to draw private capital into public utility construction, where ownership allocation becomes one of the most important clauses to both the government and the private investor. In this paper, we establish mathematical models to analyze the equity allocation problem of PPP projects through a comparison of the models with and without the effects of the theory of “contracts as reference points.” We then derive some important conclusions from the optimal solution of the investment ratio. |
| format | Article |
| id | doaj-art-88590af41f034a459b27d9354166d35a |
| institution | OA Journals |
| issn | 1026-0226 1607-887X |
| language | English |
| publishDate | 2014-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Discrete Dynamics in Nature and Society |
| spelling | doaj-art-88590af41f034a459b27d9354166d35a2025-08-20T02:09:10ZengWileyDiscrete Dynamics in Nature and Society1026-02261607-887X2014-01-01201410.1155/2014/158765158765Cost Allocation in PPP Projects: An Analysis Based on the Theory of “Contracts as Reference Points”Yichen Peng0Jing Zhou1Qiang Xu2Xiaoling Wu3School of Management and Engineering, Nanjing University, Nanjing 210000, ChinaSchool of Management and Engineering, Nanjing University, Nanjing 210000, ChinaSchool of Management and Engineering, Nanjing University, Nanjing 210000, ChinaSchool of Economics and Management, Nanjing University of Technology, Nanjing 210009, ChinaIn recent years, the demand for infrastructure has been largely driven by the economic development of many countries. PPP has proved to be an efficient way to draw private capital into public utility construction, where ownership allocation becomes one of the most important clauses to both the government and the private investor. In this paper, we establish mathematical models to analyze the equity allocation problem of PPP projects through a comparison of the models with and without the effects of the theory of “contracts as reference points.” We then derive some important conclusions from the optimal solution of the investment ratio.http://dx.doi.org/10.1155/2014/158765 |
| spellingShingle | Yichen Peng Jing Zhou Qiang Xu Xiaoling Wu Cost Allocation in PPP Projects: An Analysis Based on the Theory of “Contracts as Reference Points” Discrete Dynamics in Nature and Society |
| title | Cost Allocation in PPP Projects: An Analysis Based on the Theory of “Contracts as Reference Points” |
| title_full | Cost Allocation in PPP Projects: An Analysis Based on the Theory of “Contracts as Reference Points” |
| title_fullStr | Cost Allocation in PPP Projects: An Analysis Based on the Theory of “Contracts as Reference Points” |
| title_full_unstemmed | Cost Allocation in PPP Projects: An Analysis Based on the Theory of “Contracts as Reference Points” |
| title_short | Cost Allocation in PPP Projects: An Analysis Based on the Theory of “Contracts as Reference Points” |
| title_sort | cost allocation in ppp projects an analysis based on the theory of contracts as reference points |
| url | http://dx.doi.org/10.1155/2014/158765 |
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