Balancing public and private interests through optimization of concession agreement design for user-pay PPP projects

Balancing public and private interests through optimization of concession agreement design for user-pay PPP projects

In user-pay public private partnership (PPP) projects, private sectors collect user fees to cover cost and reap revenue. For projects that cannot be self-financed, public sectors usually invest public funds to make them financially feasible. The concession agreement allocates revenues and risks, and...

Full description

Bibliographic Details
Main Authors: Ke Feng, Shouqing Wang, Nan Li, Chunlin Wu, Wei Xiong
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2018-03-01
Series:Journal of Civil Engineering and Management
Subjects:
concession agreement
multi-objective
optimization
non-dominated sorting genetic algorithm-II (NSGA-II)
user-pay
public-private partnership (PPP)
Online Access:http://journals.vgtu.lt/index.php/JCEM/article/view/455

Internet

http://journals.vgtu.lt/index.php/JCEM/article/view/455

Similar Items