Research on Negotiating the Transfer Price for T0T Project Financing Mode Based on Game Theory

Weichao Li ()
Additional contact information
Weichao Li: Tongji University

Chapter Chapter 118 in Proceedings of the 17th International Symposium on Advancement of Construction Management and Real Estate, 2014, pp 1163-1172 from Springer

Abstract: Abstract This paper extends the transfer-operate-transfer (TOT) concession model (Liu et al. 2002) to a new method for identifying a concession period by using bargaining-game theory. Transfer price is one of the most important decision variables in arranging a TOT-type contract, and there are few methodologies available for helping to determine the value of this variable. The previous model presents an alternative method by which determined are the win-win price level to furnish theoretic basis on which to form and decide the transfer price and TOT projects. Nevertheless, a typical weakness in using the previous model is that the model cannot recommend a specific time span for concessionary. This paper introduces a new method called TOT bargaining concession model to enable the identification of a specific concession period. The two parties concerned in engaging a TOT contract in the model are the investor and the government and their bargaining behavior is the key factor in the model.

Keywords: Private Investor; Transfer Price; Private Capital; Bargaining Process; Bargaining Model (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-35548-6_118

Ordering information: This item can be ordered from
http://www.springer.com/9783642355486

DOI: 10.1007/978-3-642-35548-6_118

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().