Game Analysis of Financing Allocation for a Large Complex Project
There are many participants with conflicting objectives in a large complex project. The project financing allocation scheme should be carefully designed, so as to avoid a free rider problem. A tripartite static game model with complete information is first put forward to formulate the interaction among participants. With the help of game analysis, three criterion and related measures are proposed to choose the most reasonable allocation scheme. Moreover, this model is also extended to the case with more than three participants. Finally, a numerical example is given to verify the validity of the proposed criterion and measures.
large complex project financing allocation free rider problem tripartite static game
Xiaoyang Yu Jing Zhou Xiaoling Wu
School of Management and Engineering, Nanjing University, Nanjing, 210093 China
国际会议
青岛
英文
94-98
2010-07-15(万方平台首次上网日期,不代表论文的发表时间)