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主办:中国优选法统筹法与经济数学研究会
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中国管理科学 ›› 2026, Vol. 34 ›› Issue (10): 186-195.doi: 10.16381/j.cnki.issn1003-207x.2023.1134

• • 上一篇    

PPP项目政府和投资者承诺升级阈值及讨价还价博弈研究

刘珈琪1, 刘浩东1, 张俐1, 刘继才2()   

  1. 1.西南科技大学经济管理学院,四川 绵阳 621010
    2.西南交通大学经济管理学院,四川 成都 610031
  • 收稿日期:2023-07-06 修回日期:2024-04-12 出版日期:2026-10-25 发布日期:2026-10-09
  • 通讯作者: 刘继才 E-mail:jicailiu@126.com
  • 基金资助:
    国家自然科学基金面上项目(71571149);国家自然科学基金青年项目(72101219);国家社会科学基金重大项目(25&ZD100);西南科技大学博士基金项目(22sx7105)

Research on the Threshold and Bargaining Game of Escalation of Commitment between the Government and Investors in PPP Project

Jiaqi Liu1, Haodong Liu1, Li Zhang1, Jicai Liu2()   

  1. 1.School of Economics and Management,Southwest University of Science and Technology,Mianyang 621010,China
    2.School of Economics and Management,Southwest Jiaotong University,Chengdu 610031,China
  • Received:2023-07-06 Revised:2024-04-12 Online:2026-10-25 Published:2026-10-09
  • Contact: Jicai Liu E-mail:jicailiu@126.com

摘要:

PPP项目利益主体的承诺升级扩大了项目的损失,甚至会造成项目失败。分析PPP项目核心主体政府和投资者承诺升级投入资源的策略是非常重要的。本研究主要运用数学模型构建的方法,以经济评价为标准,构建PPP项目中的政府和投资者承诺升级追加资源的阈值模型;基于博弈论,进一步构建双方关于承诺升级追加资源的讨价还价博弈模型;结合实践案例分析,研究得出了政府和投资者承诺升级的经济性阈值,确定了双方承诺升级的谈判区间和追加资源的最优策略。研究还发现,项目的内部收益率和主体的非现金需求是影响政府和投资者追加资源的重要因素,且后者增大了承诺升级的经济性阈值。研究结论对控制利益主体承诺升级的成本,完善PPP项目行为风险治理机制具有重要的现实意义。

关键词: PPP项目, 承诺升级, 阈值, 讨价还价博弈

Abstract:

In PPP project, the escalation of commitments of stakeholders is a common behavioral risk. This risk aggravates the loss of the project, and even cause the failure of the project. Therefore, analyzing the resource input strategy of escalation of commitment of government and investor in PPP projects is crucial for improving project performance. Firstly, the mathematical model is used to construct a threshold model of escalation of commitment of the government and investors based on economic evaluation standards. Then, due to the correlation between the maximum additional resource cost of the government and investors and the internal rate of return of the project, there are differences in the threshold and probability of success for both parties’ escalation of commitment. The government’s proposal of additional investment is taken as an example to discuss the psychological process of bargaining between two parties in two scenarios. Meanwhile, based on game theory, the bargaining game between the government and investors on the commitment is further constructed. Finally, a pilot project of Sponge City in City A is selected as a case to analyze the threshold model and game model through numerical examples. The economic threshold of the escalation of commitment of the government and investors, the negotiation interval of the escalation of commitment, and the optimal resource input of escalation of commitment are determined. It is found that the internal rate of return of project and non-cash income demand of stakeholders are important factors affecting the additional resources of the government and investors, and non-cash income can raise the economic threshold of stakeholder’s escalation of commitment. The findings have important realistic significance for controlling the cost of escalation of commitment of stakeholders and improving the behavior risk governance mechanism of PPP project behavior.

Key words: PPP project, escalation of commitment, threshold, bargaining game

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