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• W2093875013 abstract "This paper extends the build-operate-transfer (BOT) concession model (BOTCcM) to a new method for identifying a concession period by using bargaining-game theory. Concession period is one of the most important decision variables in arranging a BOT-type contract, and there are few methodologies available for helping to determine the value of this variable. The BOTCcM presents an alternative method by which a group of concession period solutions are produced. Nevertheless, a typical weakness in using BOTCcM is that the model cannot recommend a specific time span for concessionary. This paper introduces a new method called BOT bargaining concession model (BOTBaC) to enable the identification of a specific concession period, which takes into account the bargaining behavior of the two parties concerned in engaging a BOT contract, namely, the investor and the government concerned. The application of BOTBaC is demonstrated through using an example case." @default.
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• W2093875013 date "2007-05-01" @default.
• W2093875013 modified "2023-09-23" @default.
• W2093875013 title "Using Bargaining-Game Theory for Negotiating Concession Period for BOT-Type Contract" @default.
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• W2093875013 doi "https://doi.org/10.1061/(asce)0733-9364(2007)133:5(385)" @default.
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