Evolutionary game analysis of opportunistic behavior of Sponge City PPP projects: a perceived value perspective.

ABSTRACT: Sponge City Public Private Partnership (PPP) project is a significant step to promote the construction of resilient city and sustainable development. Private companies take advantage of information asymmetry and regulatory loopholes to take opportunistic behavior, which affects the project delivery quality and public interests. In order to reveal the decision-making mechanism of the main stakeholders, this paper constructs an evolutionary game model of private companies, citizens and the government from a fresh perspective of perceived value. First, the traditional payoff matrix is modified by combining Prospect Theory and Mental Accounting. Next, this paper analyzes the strategic evolution law and stability conditions of game players by replicated dynamic equation. Finally, Nanganqu proje

SUBMITTER: Zhao H 

PROVIDER: S-EPMC9132952 | biostudies-literature | 2022 May

REPOSITORIES: biostudies-literature