Impact of the collaboration mechanism of PPP projects based on consumer participation: A system dynamics model of tripartite evolutionary game.

Developing countries need a large number of social infrastructure projects (e.g. schools, medical care, nursing homes). But the government's finance to invest in these projects is limited. By using the public-private partnership (PPP) mode to attract social capital to invest in PPP projects, it...

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Autores principales:	Wei Liu, Xiaoli Wang, Qian Guo
Formato:	article
Lenguaje:	EN
Publicado:	Public Library of Science (PLoS) 2021
Materias:	Medicine R Science Q
Acceso en línea:	https://doaj.org/article/a46331035c574f18945d35e91f612946
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spelling	oai:doaj.org-article:a46331035c574f18945d35e91f6129462021-12-02T20:04:40ZImpact of the collaboration mechanism of PPP projects based on consumer participation: A system dynamics model of tripartite evolutionary game.1932-620310.1371/journal.pone.0256304https://doaj.org/article/a46331035c574f18945d35e91f6129462021-01-01T00:00:00Zhttps://doi.org/10.1371/journal.pone.0256304https://doaj.org/toc/1932-6203Developing countries need a large number of social infrastructure projects (e.g. schools, medical care, nursing homes). But the government's finance to invest in these projects is limited. By using the public-private partnership (PPP) mode to attract social capital to invest in PPP projects, it can relieve the financial pressure and improve the operation efficiency. The cooperation between government and consumer can ensure the sustainable development of the project operation. A system dynamics model of tripartite evolutionary game is developed to analyze the interaction of participant's strategies and simulate the corresponding evolution process. We employ the scenario analysis method to investigate the impact of the key parameters in relation with PPP projects based on realistic scenario assumptions. The results reveal the effect of some policies including reverse effect, blocking effect and over-reliance effect. Specifically, the results show that high penalty can prevent social capital from providing low-quality services, the low cost of government regulation can promote social capital to provide high-quality services, compensation to consumer can increase the enthusiasm of consumer participating in supervision, appropriate difference between price and cost of high-quality service as social capital's profit can encourage social capital to provide high-quality service. These policy suggestions will contribute to the sustainable development of social infrastructures in PPP mode.Wei LiuXiaoli WangQian GuoPublic Library of Science (PLoS)articleMedicineRScienceQENPLoS ONE, Vol 16, Iss 9, p e0256304 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Medicine R Science Q
spellingShingle	Medicine R Science Q Wei Liu Xiaoli Wang Qian Guo Impact of the collaboration mechanism of PPP projects based on consumer participation: A system dynamics model of tripartite evolutionary game.
description	Developing countries need a large number of social infrastructure projects (e.g. schools, medical care, nursing homes). But the government's finance to invest in these projects is limited. By using the public-private partnership (PPP) mode to attract social capital to invest in PPP projects, it can relieve the financial pressure and improve the operation efficiency. The cooperation between government and consumer can ensure the sustainable development of the project operation. A system dynamics model of tripartite evolutionary game is developed to analyze the interaction of participant's strategies and simulate the corresponding evolution process. We employ the scenario analysis method to investigate the impact of the key parameters in relation with PPP projects based on realistic scenario assumptions. The results reveal the effect of some policies including reverse effect, blocking effect and over-reliance effect. Specifically, the results show that high penalty can prevent social capital from providing low-quality services, the low cost of government regulation can promote social capital to provide high-quality services, compensation to consumer can increase the enthusiasm of consumer participating in supervision, appropriate difference between price and cost of high-quality service as social capital's profit can encourage social capital to provide high-quality service. These policy suggestions will contribute to the sustainable development of social infrastructures in PPP mode.
format	article
author	Wei Liu Xiaoli Wang Qian Guo
author_facet	Wei Liu Xiaoli Wang Qian Guo
author_sort	Wei Liu
title	Impact of the collaboration mechanism of PPP projects based on consumer participation: A system dynamics model of tripartite evolutionary game.
title_short	Impact of the collaboration mechanism of PPP projects based on consumer participation: A system dynamics model of tripartite evolutionary game.
title_full	Impact of the collaboration mechanism of PPP projects based on consumer participation: A system dynamics model of tripartite evolutionary game.
title_fullStr	Impact of the collaboration mechanism of PPP projects based on consumer participation: A system dynamics model of tripartite evolutionary game.
title_full_unstemmed	Impact of the collaboration mechanism of PPP projects based on consumer participation: A system dynamics model of tripartite evolutionary game.
title_sort	impact of the collaboration mechanism of ppp projects based on consumer participation: a system dynamics model of tripartite evolutionary game.
publisher	Public Library of Science (PLoS)
publishDate	2021
url	https://doaj.org/article/a46331035c574f18945d35e91f612946
work_keys_str_mv	AT weiliu impactofthecollaborationmechanismofpppprojectsbasedonconsumerparticipationasystemdynamicsmodeloftripartiteevolutionarygame AT xiaoliwang impactofthecollaborationmechanismofpppprojectsbasedonconsumerparticipationasystemdynamicsmodeloftripartiteevolutionarygame AT qianguo impactofthecollaborationmechanismofpppprojectsbasedonconsumerparticipationasystemdynamicsmodeloftripartiteevolutionarygame
_version_	1718375560079474688

Impact of the collaboration mechanism of PPP projects based on consumer participation: A system dynamics model of tripartite evolutionary game.

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