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    ARTICLE

    Behavioral Decision-Making of Key Stakeholders in Public-Private Partnerships: A Hybrid Method and Benefit Distribution Study

    Guoshuai Sun1,2,3, Wanyi Zhang1, Jiuying Dong4,*, Shuping Wan2, Jiao Feng5

    CMES-Computer Modeling in Engineering & Sciences, Vol.136, No.3, pp. 2895-2934, 2023, DOI:10.32604/cmes.2023.025652

    Abstract Public-private partnerships (PPPs) have been used by governments around the world to procure and construct infrastructural amenities. It relies on private sector expertise and funding to achieve this lofty objective. However, given the uncertainties of project management, transparency, accountability, and expropriation, this phenomenon has gained tremendous attention in recent years due to the important role it plays in curbing infrastructural deficits globally. Interestingly, the reasonable benefit distribution scheme in a PPP project is related to the behavior decision-making of the government and social capital, as well as the performance of the project. In this paper, the government and social capital… More >

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