Public Private Partnership (PPP) is a cooperation between public and private sectors in which all stakeholders develop mutual products and services. Risk management is important in this collaboration, considering that there must be an equal relationship between the two parties. Several studies have been carried out in allocating the level of PPP risk in various projects such as toll roads, buildings and other manufactures. One of the risk allocation tools used in those studies was game theory. The game theory consists of players, strategy and pay-off. Where each component of this method is different in each paper but still within the scope of risk allocation. This study is aimed to discuss the use of game theory for risk allocation and to describe the strategy and pay-off of previous studies. This study focuses on the similar and specific aspects of each paper.
Game Theory Approach for Risk Allocation in Public Private Partnership
Lecture Notes in Civil Engineering
Proceedings of the Second International Conference of Construction, Infrastructure, and Materials ; Kapitel : 42 ; 471-478
2022-02-01
8 pages
Aufsatz/Kapitel (Buch)
Elektronische Ressource
Englisch
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