Pricing Game Analysis of Forest Tourism PPP Project under Price Regulation

Pricing Game Analysis of Forest Tourism PPP Project under Price Regulation

Jingyuan Guo Shunliang Chen* Fu’an Liu Shejiao Li

Forest Road and Structural Engineering, Civil Engineering College, Central South University of Forestry and Technology, Changsha 410004, China

Hunan University Design Research Institute Co Ltd, Hunan University, Changsha 410004, China

Corresponding Author Email: 
lydiagjy@163.com
Page: 
167-178
|
DOI: 
https://doi.org/10.18280/ama_c.720205
Received: 
12 May 2017
| |
Accepted: 
7 June 2017
| | Citation

OPEN ACCESS

Abstract: 

Based on the quasi-public good property of the forest tourism PPP project, the price-setting process is the result of a balanced game between the public sector and the private sector. In this paper, the pricing rules are established taking into consideration of the property of the quasi public good, public willingness to pay, government price regulation, government compensation, etc. In addition, the game decision model of government departments and private departments is constructed based on different pricing rules and the relationship between the pricing level of the quasi-public goods and the decision-making parameter under different pricing rules is obtained, which provides basis for the pricing of the forest tourism PPP project, and some theoretical guidance for achieving the balance of interest of the government, the private sector and the public.

Keywords: 

Quasi-public goods, PPP projects, Pricing rules, Game decision making.

1. Introduction
2. Pricing of Forest Tourism PPP Project under Price Regulation
3. Game Decision-making Model of the Forest Tourism PPP Project
4. Game Analysis
Conclusion
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