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1 – 10 of 11This paper aims to determine the demand category and level of government and investors in public–private partnership (PPP) projects. It emphasizes the importance of meeting the…
Abstract
Purpose
This paper aims to determine the demand category and level of government and investors in public–private partnership (PPP) projects. It emphasizes the importance of meeting the demands of stakeholders and controlling the unreasonable demands. This study aims to improve the demand management of stakeholders in the PPP project and lay a foundation for the research on behavior based on the motivation theory.
Design/methodology/approach
This paper opted for a questionnaire survey to collect data based on indicators identified through literature. The participants come from the government and private sector (investors, contractors, operators, etc.) in China PPP Lecture Hall. The reliability, validity and variance analyses are used to test the reliability of data. Factor analysis and entropy method are used to determine demand categories and weights.
Findings
The government’s 14 demands are divided into four groups: satisfy public activities, self-interest, responsibility and relief financial pressure; 6 investor's demands are divided into development ability and satisfy social activities. The self-interest of government is higher than that of the publicity in PPP projects; investor's social reputation is most important, it is a foundation for obtaining external resources and achieving enterprise development.
Research limitations/implications
Because of the chosen research approach, the demand indexes cannot be exhausted. Therefore, researchers are encouraged to enrich relevant contents further.
Practical implications
This paper includes implications for a targeted demand control mechanism and for managing the unreasonable demand.
Originality/value
This paper comprehensively identifies the demand hierarchy of the government and investors, and provides the theoretical basis for the target management of stakeholders.
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Keywords
Jiaqi Liu, Jicai Liu and Lujie Ruan
The purpose of this study is to discuss the phenomenon of dual-role participants in public-private partnership (PPP) projects. Contractors who are also investors hold a dual-role…
Abstract
Purpose
The purpose of this study is to discuss the phenomenon of dual-role participants in public-private partnership (PPP) projects. Contractors who are also investors hold a dual-role that can improve project financing and technical ability. However, speculation without effort from the dual-role subjects can result in serious conflicts of interest between pure and dual-role investors. The authors considered contractors’ decisions regarding whether to invest and exert effort and discussed the distribution of interests between pure and dual-role investors based on different strategy combinations. The authors also analyzed the advantages and disadvantages of the dual-role phenomenon through the income model.
Design/methodology/approach
Based on game theory, this study constructed four types of revenue structure models for pure and dual-role investors in different decision-making choices. Then, the authors performed a comparative analysis of the dual-role participant’s income in different models.
Findings
When the contractor becomes a dual-role subject and expends significant effort (m1*), the revenue of stakeholders can be increased, which can achieve a win-win outcome. Meanwhile, the level of effort of the contractor can be guaranteed when the government or project company limits the investment proportion, rj. For a contractor, the channel of becoming a dual-role subject and expending effort is suggested for maximizing investment return.
Originality/value
The study optimized the PPP project system and investment structure and offered specific governance instruments for a PPP project company to prevent speculation by dual-role subject. Concretely, a dual-role subject was discussed in the context of PPPs; this discussion offers new insight for researchers. Four revenue models based on different contractor strategies were established, a finding that is beneficial for further improving the revenue governance of PPP projects. Finally, the study used a quantitative model to validate the advantages of the dual-role phenomenon, and the authors found that the proportion of equity can impact a dual-role investor’s effort level, thereby curbing speculation to produce a win-win outcome.
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Abstract
Purpose
Emotions, understood as evolving mental states, are pivotal in shaping individuals“' decision-making, especially in ambiguous information evaluation, probability estimation of events, and causality analysis. Public–private partnership (PPP) projects represent a confluence of “economic–environmental–social” dimensions, wherein stakeholder behavior follows the sequential progression of “cognition–emotion–action.” Consequently, comprehending the effects of emotional shifts on stakeholder's decision-making processes is vital to fostering the sustainability of PPP projects.
Design/methodology/approach
The paper utilizes rank-dependent expected utility and evolutionary game theory to systematically examine the influence of emotional factors on stakeholders' behavior and decision-making processes within PPP projects. The paper integrates three emotional state functions—optimism, pessimism and rationality—into the PPP framework, highlighting the intricate interactions among the government, private sector, surrounding public and the media. Furthermore, the paper amalgamates the evolutionary pathways of environmental rights incidents with the media's role. Through equilibrium analysis and numerical simulation, the paper delves into the diverse interplay of emotions across different phases of the environmental rights incident, assessing the impact of these emotions on the evolutionary game's equilibrium results.
Findings
Emotions significantly influence the microlevel decisions of PPP stakeholders, adapting continually based on event dynamics and media influences. When the private sector demonstrates optimism and the surrounding public leans toward rationality or pessimism, the likelihood of the private sector engaging in speculative behavior escalates, while the surrounding public refrains from adopting a supervisory strategy. Conversely, when the private sector is pessimistic and the public is optimistic, the system fails to evolve a stable strategy. However, when government regulation intensifies, the private sector opts for a nonspeculative strategy, and the surrounding public adopts a supervisory strategy. Under these conditions, the system attains a relatively optimal state of equilibrium.
Originality/value
The paper develops a game model to examine the evolutionary dynamics between the surrounding public and private sectors concerning environmental rights protection in waste incineration PPP projects. It illuminates the nature of the conflicting interests among project participants, delves into the impact of emotional factors on their decision-making processes and offers crucial perspectives for the governance of such partnerships. Furthermore, this paper provides substantive recommendations for emotional oversight to enhance governance efficacy.
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Zehui Bu, Jicai Liu and Xiaoxue Zhang
The paper aims to elucidate effective strategies for promoting the adoption of green technology innovation within the private sector, thereby enhancing the value of public–private…
Abstract
Purpose
The paper aims to elucidate effective strategies for promoting the adoption of green technology innovation within the private sector, thereby enhancing the value of public–private partnership (PPP) projects during the operational phase.
Design/methodology/approach
Utilizing prospect theory, the paper considers the government and the public as external driving forces. It establishes a tripartite evolutionary game model composed of government regulators, the private sector and the public. The paper uses numerical simulations to explore the evolutionary stable equilibrium strategies and the determinants influencing each stakeholder.
Findings
The paper demonstrates that government intervention and public participation substantially promote green technology innovation within the private sector. Major influencing factors encompass the intensity of pollution taxation, governmental information disclosure and public attention. However, an optimal threshold exists for environmental publicity and innovation subsidies, as excessive levels might inhibit technological innovation. Furthermore, within government intervention strategies, compensating the public for their participation costs is essential to circumvent the public's “free-rider” tendencies and encourage active public collaboration in PPP project innovation.
Originality/value
By constructing a tripartite evolutionary game model, the paper comprehensively examines the roles of government intervention and public participation in promoting green technology innovation within the private sector, offering fresh perspectives and strategies for the operational phase of PPP projects.
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Zehui Bu, Jicai Liu and Xiaoxue Zhang
Subway systems are highly susceptible to external disturbances from emergencies, triggering a series of consequences such as the paralysis of the internal network transportation…
Abstract
Purpose
Subway systems are highly susceptible to external disturbances from emergencies, triggering a series of consequences such as the paralysis of the internal network transportation functions, causing significant economic and safety losses to cities. Therefore, it is necessary to analyze the factors affecting the resilience of the subway system to reduce the impact of disaster incidents.
Design/methodology/approach
Using the interval type-2 fuzzy linguistic term set and the K-medoids clustering algorithm, this paper improves the Decision-Making Trial and Evaluation Laboratory (DEMATEL) method to construct a subway resilience factor analysis model for emergencies. Through comparative analysis, this study confirms the superior performance of the proposed approach in enhancing the precision of the DEMATEL method.
Findings
The results indicate that the operation and management level of emergency command organizations is the key resilience factors of subway operations in China. Furthermore, based on real case analyses, the corresponding suggestions and measures are put forward to improve the overall operation resilience level of the subway.
Originality/value
This paper identifies four emergency scenarios and 15 resilience factors affecting subway operations through literature review and expert consultation. The improved fuzzy DEMATEL method is applied to explore the levels of influence and causal mechanisms among the resilience factors of the subway system under the four emergency scenarios.
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Espen Solheim-Kile and Andreas Wald
Public–private joint ventures (PPJVs) have a stronger partnership element than standard public–private partnerships (PPPs) but PPJVs are under-researched despite this important…
Abstract
Purpose
Public–private joint ventures (PPJVs) have a stronger partnership element than standard public–private partnerships (PPPs) but PPJVs are under-researched despite this important partnership element. This article derives knowledge of incentives and barriers to goal alignment in healthcare PPJVs.
Design/methodology/approach
An in-depth case study of the UK’s Local Improvement Finance Trust (LIFT) model including three PPJVs and 34 individual projects was conducted.
Findings
The main economic incentives are future opportunities creating a strong shadow of the future. This is supplemented by social incentives such as the ability to have a social impact. Enlarging the shadow of the future can encourage both parties to think long-term, avoiding short-term opportunism.
Practical implications
PPJV is a promising model for partnership. However, complexity through fragmented public sector partners and the financial structure can create barriers for goal alignment.
Originality/value
This study challenges earlier research studies based on PPJV by providing evidence that the long-term nature of PPJV, especially the potential of new projects, enables the public sector to get more engagement from the private sector.
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Yuquan Ni, Peng Guo, Chonggang Ren, Jicai Yin and Bingchuan Bian
The grain size and grain distribution mode have a significant impact on the tribological properties of Babbitt alloy. The purpose of this paper is to study the effect of…
Abstract
Purpose
The grain size and grain distribution mode have a significant impact on the tribological properties of Babbitt alloy. The purpose of this paper is to study the effect of differentiated SnSb grain size distribution on the improvement of tribological properties of Babbitt alloy.
Design/methodology/approach
Babbitt (marked by babbitt-cr), with a differentiated SnSb grain size distribution, was fabricated using a selective zone laser surface treatment. Bare Babbitt with coarse SnSb grain was marked as babbitt-c, and Babbitt with refined SnSb grain was marked as babbitt-r. The microstructure, microhardness and wettability of specimens were tested. The tribological properties of babbitt-c, babbitt-r and babbitt-cr were evaluated under dry and lubricated conditions.
Findings
The microstructure transforms from single coarse SnSb grain distribution or single refined SnSb grain distribution to differentiated SnSb grain size distribution, as a result of selective zone laser surface treatment. Among three specimens of microhardness, babbitt-cr showed the highest microhardness. The lipophilicity property of babbitt-cr was better compared to babbitt-c. A mixture of coarse and refined grain is beneficial to improve the tribological properties of Babbitt alloy under dry condition. Furthermore, compared with babbitt-c, the wear resistance of babbitt-cr was enhanced under lubricated condition. However, the anti-wear property of babbitt-cr was not significantly improved relative to babbitt-r with an increase in the loads.
Originality/value
The study demonstrates that modulated different grain size alternating distribution modes can improve the tribological properties of Babbitt alloy.
Peer review
The peer review history for this article is available at: https://publons.com/publon/10.1108/ILT-09-2022-0259/
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Bo Chen and Jicai Feng
The purpose of this paper was to use visual and arc sensors to simultaneously obtain the underwater wet welding information, and a weld seam-forming model was made to predict the…
Abstract
Purpose
The purpose of this paper was to use visual and arc sensors to simultaneously obtain the underwater wet welding information, and a weld seam-forming model was made to predict the weld seam's geometric parameters. It is difficult to obtain a fine welding quality in underwater welding because of the intense disturbances of the water environment. To automatically control the welding quality, the weld seam-forming model should first be established. Thus, the foundation was laid for automatically controlling the underwater welding seam-forming quality.
Design/methodology/approach
Visual and arc sensors were used simultaneously to obtain the weld seam image, current and voltage information; then signal algorithms were used to process the information, and the back propagation (BP) neural network was used to model the process.
Findings
Experiment results showed that the BP neural network model could precisely predict the weld seam-forming parameters of underwater wet welding.
Originality/value
A weld seam-forming model of underwater wet welding process was made; this laid the foundation for establishing a controller for controlling the underwater wet welding process automatically.
Bo Wang, Franca Giannini, Marina Monti, BaoJun Li, Ping Hu and JiCai Liang
This paper aims to automatically derive a 2D parametric model of the main characteristic lines of a car from images, blueprints or hand-made sketches of its side view. Then this…
Abstract
Purpose
This paper aims to automatically derive a 2D parametric model of the main characteristic lines of a car from images, blueprints or hand-made sketches of its side view. Then this model can be used for the further computer-aided design manipulation starting from images of the side view of a car.
Design/methodology/approach
The method combines different image edge detection techniques and edge removal processes with optimization techniques according to local and global constraints specific of the single curves to automatically construct a precise parametric model of the main character lines of a car from images. First, process the car image to compute the most important curves and then warp a car template model to match its feature points and curves with the ones detected in the image.
Findings
The paper provides method to construct parametric model from an image using maximum cover ratio to the edge points obtained by state-of-the-art edge detection algorithms. A feature points’ organization mechanism produces quadric curves to express feature curves of a product.
Research limitations/implications
The robustness of the presented method depends on the completeness of edge detection results and the accuracy of some key points’ registration result, so if the image is not good, the result cannot be trusted. Only side-view is considered in this paper. Additional limits in the process regard the side view verification: pictures of the front or rear view can be wrongly classified as lateral ones when they contain round lights.
Practical implications
This program enables designers to convert the image to geometric parametric model directly.
Originality/value
The method is applicable to shaded pictures, sketches and blue prints of the side view of a car. It can process a database of car images in a batch mode or a specific picture on user demand. The method classifies the cars to different categories: SUV/Wagon/Hatchback, sedan, city and coupe. The authors obtain good results for every category.
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Maria Gravari-Barbas, Sandra Guinand, Yue Lu and Xinyu Li
Between 1840s and 1940s, 27 occidental concessions have been created in several cities in China which represented difficult signs and memories for Chinese. Nowadays, these…
Abstract
Purpose
Between 1840s and 1940s, 27 occidental concessions have been created in several cities in China which represented difficult signs and memories for Chinese. Nowadays, these territories are experiencing a joint phenomenon of heritagization and tourismification which makes them experimental theaters for modern urban life and identity. Taking the former concessions of Tianjin as place study, the purpose of this study is to analyze the role of the heritage and tourism in the former concessions in city branding and more specifically the actors, approaches and products of this phenomenon.
Design/methodology/approach
This research draws on the comparison and analysis of two place studies in China. The authors base their analysis on semi-structured interviews in Chinese with previously identified stakeholders. In all, 20 individuals, including developers, public authority representatives, business owners, academics and conservation association members, were interviewed. This research was completed, updated and triangulated by content analysis of Web-based materials; official documents such as urban plans, guidelines and urban and tourism strategies collected during the fieldwork, as well as non-intrusive spatial observations of the concession and its various developments.
Findings
The results of this study show that the heritage in the former concessions has become an attractive tool for the city branding through tourism development, often led by the public actors with the participation of private entrepreneurs.
Originality/value
This study looks at the hybrid dimensions of the former concessions in China. It provides a better understanding of the co-action of heritage and tourism in the processes of territorial rehabilitation, which contributes to both the practitioners and researchers in this domain.
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