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Cooperation and Game Analysis between the Government and the SPC under the PFI Model
Author(s): 
Pages: 68-73
Year: Issue:  1
Journal: Journal of Shenyang Architectural and Civil Engineering Institute, Social Science

Keyword:  PFISPCcooperative gameinterest distribution;
Abstract: Aimed at distribution of benefits betw een government and SPC( Special Purpose Company) w hile applying Private Finance Initiative Financing M odel( PFI) in infrastructure construction at this stage in China,this paper analyzes the cooperation betw een government and SPC of PFI Financing M odel,establishes dynamic non- cooperative game model w ith incomplete information concerning the tw o stakeholders,puts forw ard rational principles and methods on distribution of benefits of PFI Financing M odel based on changes in the relative relationship betw een the tw o stakeholders,and expects to promote the application of PFI Financing M odel in infrastructure construction in China.
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