Enhanced Cooperation among Stakeholders in PPP Mega-Infrastructure Projects: A China Study

Long Li, Zhongfu Li, Lei Jiang, Guangdong Wu and Daojin Cheng
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Long Li: Department of Construction Management, Dalian University of Technology, Dalian 116024, China
Zhongfu Li: Department of Construction Management, Dalian University of Technology, Dalian 116024, China
Lei Jiang: School of Civil Engineering, Dalian Minzu University, Dalian 116650, China
Guangdong Wu: Department of Construction Management, Jiangxi University of Finance & Economics, Nanchang 330013, China
Daojin Cheng: Faculty of Management and Economics, Dalian University of Technology, Dalian 116024, China

Sustainability, 2018, vol. 10, issue 8, 1-16

Abstract: Despite the consensus that enhanced cooperation among stakeholders is critical to the successful delivery of public-private partnership (PPP) mega-infrastructure projects, there has been a limited utilization of the quantitative approach to explore the cooperation mechanism. Drawing on research and the actual practice of PPP projects in China, a quantitative mathematical model using evolutionary game theory is constructed to explore the internal cooperation mechanism. Numerical simulation is implemented to investigate the impact of the punitive mechanism and allocation mechanism on the enhanced cooperation. The simulation result indicates that reasonable benefit allocation and a strong punitive mechanism are crucial to enhanced cooperation. Action research supported by a case study in Dalian was conducted to verify the scientific practicalities of the simulation method. An enhanced cooperation framework was proposed. The role conversion of the government and the private sectors makes the enhanced cooperation feasible. This evolution model and cooperation framework can facilitate enhanced cooperation in PPP mega-infrastructure projects.

Keywords: mega-infrastructure projects; PPP; stakeholders; enhanced cooperation; evolution model; case study; China (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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