The Game Analysis of Insurance Funds to Participate in the PPP Earnings Distribution
International Journal of Business and Economics Research
Volume 8, Issue 6, December 2019, Pages: 452-457
Received: Oct. 31, 2019;
Accepted: Nov. 28, 2019;
Published: Dec. 10, 2019
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Zhai Yigang, School of Public Finance and Tax, Central University of Finance and Economics, Beijing, China
The long-term and stable nature of insurance funds and the long-term demand of PPP projects for funds are naturally in line with each other. In the future, there is still great potential for insurance funds to deeply participate in PPP projects and serve the development of real economy. According to the current development rate, the available scale of insurance funds during the 13th five-year plan period will reach 20 trillion yuan, which not only provides sufficient sources of funds for insurance funds to participate in PPP projects. At the same time, it also creates a good condition for the insurance fund to conduct financing and service innovation in combination with the characteristics of PPP projects. The participation of insurance funds in PPP projects has become an important issue in the current development, but the earnings in the cooperation between the two sides need to be fully discussed and analyzed to avoid a series of problems caused by unreasonable distribution. Based on the current developing situation of insurance funds participating in PPP projects, this paper conducts two-party game analysis and three-party game analysis according to the classification of complete information condition and incomplete information condition. Through conditional assumption, model establishment and solution, the reasonable proportion of insurance enterprises, public sectors and project companies under different circumstances is obtained, and policy suggestions on promoting insurance funds to participate in PPP model are put forward.
The Game Analysis of Insurance Funds to Participate in the PPP Earnings Distribution, International Journal of Business and Economics Research.
Vol. 8, No. 6,
2019, pp. 452-457.
Copyright © 2019 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/
) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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