Research On Benefit Distribution Among Stakeholders Of Public-Private Partnership Project Based On Based On Shapley Value

Since China embarked on the path of reform and opening-up，the economy andsociety have rapidly developed all the time, the project construction of publicinfrastructure and public service have played an important role in the development ofeconomy and society. In order to alleviate the pressure on government finances ofpublic infrastructure projects, and to realize the diversification of investors, PPP(Public-Private Partnerships) model plays an important role, and they are graduallyand widely used in our country. The benefits distribution of PPP projects are nuclearquestions in not only theoretical research but also practice projects. In this paper,under the guidance of cooperative game theory, the model of benefits distribution ofcore cored stakeholder based on the Shapley theory. which encouraged cooperatorsto work hard in PPP projects. The model will enrich the study ways and projectspractice of benefit distribution of PPP project, which have a better theoretical andpractical significance.Firstly, this paper summarized the development situation of PPP projects andresearch contents at home and abroad, then it raised the question of benefitdistribution of PPP project. Secondly, the paper analyzed the nature and advantagedof PPP, and it tried to establish the model of benefits distribution of PPP project basedon the theory of Shapley, which were based on the analysis interest demand of thecore stakeholders of PPP projects and the argument of applicability of the method ofShapley. And then the paper raised an important question of the model of benefitsdistribution after the evaluation. At the last, the paper built a model of benefitsdistribution of PPP project which thought the correction of risk factors, based on thesolution of risk factors, and then it analyzed the solute risk factors though a case ofPPP projects. The result showed that the second model would reflect the justice of thequestion of benefits distribution, and it would encourage the efficiency of PPPprojects, so that the operation of the project alliance to better promote social andeconomic development。...