Corruption, Infrastructure Management and Public-Private Partnership: Optimizing through Mathematical Models (Routledge Advances in Risk Management) (Hardcover)

Corruption, Infrastructure Management and Public-Private Partnership: Optimizing through Mathematical Models (Routledge Advances in Risk Management) By Mohammad Heydari, Kin Keung Lai, Zhou Xiaohu Cover Image

Corruption, Infrastructure Management and Public-Private Partnership: Optimizing through Mathematical Models (Routledge Advances in Risk Management) (Hardcover)

$170.00


Not On Our Shelves—Ships in 1-5 Days
(This book cannot be returned.)

Public-Private Partnerships (PPP or 3Ps) 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 3Ps.

The book applies mathematical models to analyze 3Ps. It uses game theory to study the interaction and dynamics between the stakeholders and suggests strategies to reduce corruption risks in various 3Ps stages. The authors explain through game theory-based simulation how governments can adopt a evaluating 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 for anyone interested in public policymaking and public infrastructure management.

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 a Professor at International Business School, Shaanxi Normal University, Xi'an, China.Zhou Xiaohu is currently a professor at the School of Economics and Management, Nanjing University of Science and Technology.
Product Details ISBN: 9781032011196
ISBN-10: 103201119X
Publisher: Routledge
Publication Date: October 28th, 2021
Pages: 248
Language: English
Series: Routledge Advances in Risk Management