Corruption, Infrastructure Management and Public–Private Partnership
Optimizing through Mathematical Models
- Available for pre-order. Item will ship after October 28, 2021
Public-Private Partnerships (PPP) allow the public sector to seek alternative funding and expertise from the private sector during procurement processes. Such partnerships, if executed with due diligence, often benefit the public immensely. Unfortunately, Public-Private Partnerships can be vulnerable to corruption. This book looks at what measures we can put in place to check corruption during procurement and what good governance strategies the public sector can adopt to improve the performance of PPP.
The book applies mathematical models to analyze PPP. It uses game theory to study the interaction and dynamics between the stakeholders and suggests strategies to reduce corruption risks in various PPP stages. The authors explain through game theory-based simulation how governments can adopt a screening process at the start of each procurement to weed out undesirable private partners and why the government should take a more proactive approach.
Using a methodological framework rooted in mathematical models to illustrate how we can combat institutional corruption; this book is a helpful reference to anyone interested in public policymaking and public infrastructure management.
Table of Contents
1. Risk Management, Corruption, and Game theory in Public-Private Partnership. 2. Corruption and its Impact on Government Policies and Evaluating Public-Private Partnership. 3. Game Theory Approach to Corruption in Public-Private Partnership. 4. Decision-Making Criteria for Selecting and Evaluating Public-Private Partnership: Case Studies. 5. Investment Decision and Corruption. 6. Public-Private Partnership for Infrastructure and Combating against Corruption. Reference.
Mohammad Heydari is an Iranian writer, and researcher. Currently, he is a candidate for the "National Young Talent Program," and he works as the youngest associate professor at Southwest University in Chongqing, China.
Kin Keung Lai is currently the Distinguished Professor at the International Business School, Shaanxi Normal University and also an Honorary Professor at the Department of Industrial and Manufacturing Systems Engineering, Hong Kong University, Hong Kong.
Zhou Xiaohu is currently Professor at School of Economics and Management, Nanjing University of Science and Technology.