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Afzali Borujeni, S H, Zare, M and Adelzade Saadabadi, L (2024) Comparison of factors affecting the acceptance of the trenchless technology and open-trench method using ANP and AHP: Case study in Iran. Journal of Construction Engineering and Management, 150(01).
Aghililotf, M, Ramezanianpour, A M, Arbabi, H and Maghrebi, M (2024) Identifying construction managers' challenges: A novel approach based on social network analysis. Journal of Construction Engineering and Management, 150(01).
Alikhani, H and Latifi, M (2024) Evaluation of the healing performance of hot-mix asphalt containing waste steel shavings under different microwave induction healing cycles. Journal of Construction Engineering and Management, 150(01).
Anwer, S, Li, H, Antwi-Afari, M F, Mirza, A M, Rahman, M A, Mehmood, I, Guo, R and Wong, A Y L (2024) Evaluation of data processing and artifact removal approaches used for physiological signals captured using wearable sensing devices during construction tasks. Journal of Construction Engineering and Management, 150(01).
Arowoiya, V A, Oke, A E, Ojo, L D and Adelusi, A O (2024) Driving factors for the adoption of digital twin technology implementation for construction project performance in Nigeria. Journal of Construction Engineering and Management, 150(01).
D'Orazio, M, Bernardini, G and Di Giuseppe, E (2024) Improving sustainable management of university buildings based on occupancy data. Journal of Construction Engineering and Management, 150(01).
Da Silva, W O P, Farias, B A, Monteiro, I B, Pegorini, V, Casanova, D and Bisconsini, D R (2024) Development of global quality index of unpaved roads. Journal of Construction Engineering and Management, 150(01).
Ding, S, Hu, H, Chai, Z and Wang, W (2024) Secure and formalized blockchain-IPFS information sharing in precast construction from the whole supply chain perspective. Journal of Construction Engineering and Management, 150(01).
Garcia-Lopez, N P and Fischer, M (2024) Managing on-site production using an activity and flow-based construction model. Journal of Construction Engineering and Management, 150(01).
Jalloul, H, Choi, J, Manheim, D, Yesiller, N and Derrible, S (2024) Incorporating disaster debris into sustainable construction research and practice. Journal of Construction Engineering and Management, 150(01).
Koc, K, Budayan, C, Ekmekcioǧlu, Ö and Tokdemir, O B (2024) Predicting cost impacts of nonconformances in construction projects using interpretable machine learning. Journal of Construction Engineering and Management, 150(01).
Leung, M Y, Wei, X and Ojo, L D (2024) Developing a value-risk management model for construction projects. Journal of Construction Engineering and Management, 150(01).
Liu, Y, Wang, X, Guo, S, Shi, X and Wang, D (2024) Analyzing the optimization of subsidies for PPP urban rail transit projects: A choice between passenger demand, vehicle kilometer, or an improved efficiency-oriented framework. Journal of Construction Engineering and Management, 150(01).
- Type: Journal Article
- Keywords: government subsidy; passenger demand; public-private partnership; stackelberg game; vehicle-kilometer
- ISBN/ISSN: 0733-9364
- URL: http://doi.org/10.1061/JCEMD4.COENG-13483
- Abstract:
Prior to designing detailed subsidy contract terms for public-private partnerships (PPPs), local governments often face the challenge of selecting the basic modes of a subsidy (in this case, passenger demand subsidy or vehicle-kilometer subsidy). However, most studies do not discuss the reasons for choosing a particular mode or its applicability. This paper addresses this gap by constructing Stackelberg game models to analyze the characteristics of two subsidy modes: vehicle-kilometer subsidy and passenger demand subsidy. Four situations derived from these two subsidy modes are then modeled and analyzed, exploring the relationships among parameters and clarifying the strategies of local governments. Additionally, a comparison is made between the two subsidy modes to demonstrate the optimal utilization of subsidies. Based on this analysis, an efficiency-oriented subsidy framework is proposed to overcome the shortcomings of existing subsidies and provide new insights into subsidy design for PPPs. The results indicate that the vehicle-kilometer subsidy loses its incentive or regulatory effects on the private sector when the vehicle-kilometer is predetermined. Furthermore, the subsidy mode, the local government's goals, and financial stress will influence key parameters (price and vehicle-kilometer); further, the preference of both parties for subsidy modes is closely related to price. The proposed efficiency-oriented subsidy framework offers significant advantages in reducing prices, increasing consumer surplus and efficiency, conserving social resources, and strengthening cost control. This paper contributes to the literature by emphasizing the importance of selecting appropriate subsidy modes, exploring the differences between two common modes, and further providing a novel and effective subsidy mode. Further, this paper can also guide mutual parties to optimize their strategies and enhance the overall efficiency and performance in PPP urban rail transit projects.
Miao, K, Lou, W, Schonfeld, P and Xiao, Z (2024) Optimal earthmoving-equipment combination considering carbon emissions with an indicator-based multiobjective optimizer. Journal of Construction Engineering and Management, 150(01).
Ning, X, Zhai, F, Xia, N and Hu, X (2024) Protecting the ego: Anticipated image risk as a psychological deterrent to construction workers' safety citizenship behavior. Journal of Construction Engineering and Management, 150(01).
Olayiwola, J, Yusuf, A, Akanmu, A, Gonsalves, N and Abraham, Y (2024) Efficacy of annotated video-based learning environment for drawing students' attention to construction practice concepts. Journal of Construction Engineering and Management, 150(01).
Salih, F, Eissa, R and El-Adaway, I H (2024) Data-driven analysis of progressive design build in water and wastewater infrastructure projects. Journal of Construction Engineering and Management, 150(01).
Zhong, B, Shen, L, Pan, X, Zhong, X and He, W (2024) Dispute classification and analysis: Deep learning-based text mining for construction contract management. Journal of Construction Engineering and Management, 150(01).