Decision Making on Government Subsidy for Highway Public-Private Partnership Projects in China Using an Iteration Game Model
Government subsidy is an important responsibility of fiscal expenditure in public-private partnership (PPP) projects. However, an improper subsidy strategy may cause over-compensation or under-compensation. In this research, an iteration game model combining game theory and real option is establishe...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
University of Zagreb, Faculty of Transport and Traffic Sciences
2021-06-01
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Series: | Promet (Zagreb) |
Subjects: | |
Online Access: | https://traffic.fpz.hr/index.php/PROMTT/article/view/3567 |