Royalty Analysis for BOT Projects Based on The Negotiation Viewpoint

被引:0
|
作者
Kang, Chao-Chung [1 ]
Feng, Cheng-Min [2 ]
Kuo, Chiu-Yen [2 ]
机构
[1] Providence Univ, Dept Business Adm, Shalu, Taichung Hsien, Taiwan
[2] Natl Chiao Tung Univ, Inst Traff & Transportat, Taipei, Taiwan
关键词
BOT; royalty; negotiation; bi-level programming;
D O I
10.1109/IEEM.2009.5373178
中图分类号
T [工业技术];
学科分类号
08 ;
摘要
This study constructs three royalty negotiation models, including the lump-sum royalty, operational revenue-based royalty, and operational output-based royalty, using the bi-level programming approach. In addition, this paper also develops the iterative algorithm for bi-level programming problem for the government and the private sector. A number of factors were incorporated into this algorithm including concession rate, time value discount rate, learning rate and number of negotiations.
引用
收藏
页码:1820 / +
页数:2
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