Enhanced Cooperation among Stakeholders in PPP Mega-Infrastructure Projects: A China Study

Abstract

Despite the consensus that enhanced cooperation among stakeholders is critical to the successful delivery of public-private partnership (PPP) mega-infrastructure projects, there has been a limited utilization of the quantitative approach to explore the cooperation mechanism. Drawing on research and the actual practice of PPP projects in China, a quantitative mathematical model using evolutionary game theory is constructed to explore the internal cooperation mechanism. Numerical simulation is implemented to investigate the impact of the punitive mechanism and allocation mechanism on the enhanced cooperation. The simulation result indicates that reasonable benefit allocation and a strong punitive mechanism are crucial to enhanced cooperation. Action research supported by a case study in Dalian was conducted to verify the scientific practicalities of the simulation method. An enhanced cooperation framework was proposed. The role conversion of the government and the private sectors makes the enhanced cooperation feasible. This evolution model and cooperation framework can facilitate enhanced cooperation in PPP mega-infrastructure projects.