Paper

Research on Risk Allocation of Public-private Partnership Projects Based on Rough Set Theory


Authors:
Li Ze-zhong; XU Ling-shuang; HU Xin-liang; WU Yun-na
Abstract
Public-private Partnership (PPP) introduced private capital, chnology and management experience into the infrastructure projects that plays a huge economic and social benefit. In the practice process of PPP in China, the ambiguous risk allocation problems have always been the key factor hindering the development of this mode in the infrastructure investment and financing. The uncertainty of subjects undertaking the risks is the nature impacting the public and private parts to keep lasting and stable cooperation, this paper uses Topsis method to evaluate these risks of unclear sharing subject that will determine a reasonable risk allocation program. The index system processed by the Rough Set theory removes the indicators influencing the result of evaluation that will make risk allocation more accurate. The evaluation result provides a reasonable risk allocation program for both public and private.
Keywords
Infrastructure Projects; Risk Allocation; Public -private Partnership; Rough Set Theory
StartPage
15
EndPage
20
Doi
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