Abstract

Public Private Partnership (PPP) is a cooperation between public and private sectors in which all stakeholders develop mutual products and services. Risk management is important in this collaboration, considering that there must be an equal relationship between the two parties. Several studies have been carried out in allocating the level of PPP risk in various projects such as toll roads, buildings and other manufactures. One of the risk allocation tools used in those studies was game theory. The game theory consists of players, strategy and pay-off. Where each component of this method is different in each paper but still within the scope of risk allocation. This study is aimed to discuss the use of game theory for risk allocation and to describe the strategy and pay-off of previous studies. This study focuses on the similar and specific aspects of each paper.

Original languageEnglish
Title of host publicationProceedings of the Second International Conference of Construction, Infrastructure, and Materials - ICCIM 2021
EditorsHan Ay Lie, Monty Sutrisna, Joewono Prasetijo, Bonaventura H.W. Hadikusumo, Leksmono Suryo Putranto
PublisherSpringer Science and Business Media Deutschland GmbH
Pages471-478
Number of pages8
ISBN (Print)9789811679483
DOIs
Publication statusPublished - 2022
Event2nd International Conference of Construction, Infrastructure, and Materials, ICCIM 2021 - Jakarta, Indonesia
Duration: 26 Jul 202126 Jul 2021

Publication series

NameLecture Notes in Civil Engineering
Volume216
ISSN (Print)2366-2557
ISSN (Electronic)2366-2565

Conference

Conference2nd International Conference of Construction, Infrastructure, and Materials, ICCIM 2021
Country/TerritoryIndonesia
CityJakarta
Period26/07/2126/07/21

Keywords

  • Construction management
  • Game theory
  • Risk allocation

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