Determination of the Optimal Concession Period for BOT Contract Projects Based on a Discrete Stochastic Process Model

Author:

Xu Jiang-Wei1,Jiang Li2,Moon Sungwoo3

Affiliation:

1. Associate Professor, School of Management, Southwest Univ. of Political Science and Law, Chongqing 400037, China.

2. Lecturer, School of Management, Southwest Univ. of Political Science and Law, Chongqing 400037, China.

3. Professor, Dept. of Civil and Environmental Engineering, Pusan National Univ., Busan 46241, Korea (corresponding author).

Publisher

American Society of Civil Engineers (ASCE)

Subject

Strategy and Management,Industrial relations,Building and Construction,Civil and Structural Engineering

Reference31 articles.

1. The Return to Capital in China

2. Chen L. (2011). “100 000 kilometers of 140 000 kilometers toll roads in the world are in China and officials have called for consolidation.” ⟨http://bjcb.morningpost.com.cn/page/1/2011-03/09/A05/20110309A05_pdf.pdf⟩ (May 3 2011).

3. Variance models for project financial risk analysis with applications to greenfield BOT highway projects

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