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Water Resources Management

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18.09.2020

Governing Government-Project Owner Relationships in Water Megaprojects: a Concession Game Analysis on Allocation of Control Rights

verfasst von: Tianyu Ma, Jiyong Ding, Zhuofu Wang, Miroslaw J. Skibniewski

Erschienen in: Water Resources Management | Ausgabe 13/2020

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Abstract

Studying megaprojects from the micro-foundations rooted in organizational action and interaction, this research started with an extensive literature review and therefore proposed a conceptual model for governing government-project owner relationships. A cooperative game model was further developed based on the conceptual model and concession game theory. The results showed that the relationships between government and project owner could be indeed improved by considering the allocation of control rights within a certain range (0, \( \frac{A_1-{A}_2+2{B}_2}{2{B}_1+2{B}_2} \)). Also, it was shown in two cases that project value was increased by over 10% on average when achieving the concession equilibrium, which could bring gains to both the government and project owner by redistributing the added value. This study contributes to existing research on top-level inter-organizational relationships in water megaprojects, provides important implications for maintaining cooperation between megaproject stakeholders, and suggests interesting trajectories for future research.

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In this research, the central government, local government, and government agencies are collectively called “government”.

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Titel: Governing Government-Project Owner Relationships in Water Megaprojects: a Concession Game Analysis on Allocation of Control Rights
verfasst von: Tianyu Ma
Jiyong Ding
Zhuofu Wang
Miroslaw J. Skibniewski
Publikationsdatum: 18.09.2020
Verlag: Springer Netherlands
Erschienen in: Water Resources Management / Ausgabe 13/2020
Print ISSN: 0920-4741
Elektronische ISSN: 1573-1650
DOI: https://doi.org/10.1007/s11269-020-02627-z

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