A Game of Two Elderly Care Facilities: Competition, Mothballing Options, and Policy Implications

This article develops a model to investigate the entry strategies of private investors to the elderly care service market, with the purpose of explaining the reasons behind dilemma of low signing rate plaguing China’s Public-Private Partnership projects. We focus on the competition between two priva...

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Bibliographic Details
Main Authors: Congcong Wang, Yingxue Zhao, Rongda Chen
Format: Article
Language:English
Published: Hindawi Limited 2016-01-01
Series:Mathematical Problems in Engineering
Online Access:http://dx.doi.org/10.1155/2016/3241973