標題: Comparison of royalty methods for build-operate-transfer projects from a negotiation perspective
作者: Kang, Chao-Chung
Feng, Cheng-Min
Kuo, Chiu-Yen
運輸與物流管理系 註:原交通所+運管所
Department of Transportation and Logistics Management
關鍵字: BOT project;Royalty;Negotiation;Bi-level programming
公開日期: 1-七月-2012
摘要: This study constructs a royalty negotiation model for the bi-level programming (BLP) problem and develops a heuristic algorithm for solving the BLP problem. Concession rate, learning effect, and the time value discount rate are integrated into the proposed algorithm to reflect an authentic negotiation process. A case study is employed to simulate the negotiation behavior of two parties and alternative royalty strategies are discussed. Analytical results indicate that the two parties acquire the best negotiation result during the fifth negotiation. The operational revenue-based royalty model is more preferred by governments, while concessionaires favor more the operational output-based royalty model. (C) 2012 Elsevier B.V. All rights reserved.
URI: http://hdl.handle.net/11536/15945
ISSN: 1366-5545
期刊: TRANSPORTATION RESEARCH PART E-LOGISTICS AND TRANSPORTATION REVIEW
Volume: 48
Issue: 4
結束頁: 830
顯示於類別:期刊論文


文件中的檔案:

  1. 000303308900010.pdf