首页> 外文期刊>Mathematical Problems in Engineering >A Game of Two Elderly Care Facilities: Competition, Mothballing Options, and Policy Implications
【24h】

A Game of Two Elderly Care Facilities: Competition, Mothballing Options, and Policy Implications

机译:两个养老机构的博弈:竞争,封存选择和政策含义

获取原文
获取原文并翻译 | 示例
           

摘要

This article develops a model to investigate the entry strategies of private investors to the elderly care service market, with the purpose of explaining the reasons behind dilemma of low signing rate plaguing China's Public-Private Partnership projects. We focus on the competition between two private investors with or without mothballing options under price uncertainty. After the derivation of equilibria of entry strategies, we employ numerical examples to analyze the dependencies of entry thresholds on market parameters, cost parameters, subsidy, and possession of mothballing option. Conclusions are drawn and some policy implications are given with the intention to alleviate the problem of low signing rate.
机译:本文建立了一个模型来研究私人投资者进入养老服务市场的战略,目的是解释低签署率困扰中国公私合营项目的背后原因。我们专注于在价格不确定性下有或没有封存选择权的两个私人投资者之间的竞争。在推导准入策略的均衡性之后,我们使用数值示例来分析准入门槛对市场参数,成本参数,补贴和是否拥有封存期权的依赖性。得出结论并给出一些政策含义,以缓解低签署率的问题。

著录项

  • 来源
    《Mathematical Problems in Engineering》 |2016年第9期|3241973.1-3241973.12|共12页
  • 作者单位

    Zhejiang Univ Finance & Econ, Sch Finance, Hangzhou 310018, Zhejiang, Peoples R China|China Acad Financial Res, Zhejiang Univ Finance & Econ, Hangzhou 310018, Zhejiang, Peoples R China;

    Zhejiang Univ Finance & Econ, Sch Finance, Hangzhou 310018, Zhejiang, Peoples R China;

    Zhejiang Univ Finance & Econ, Sch Finance, Hangzhou 310018, Zhejiang, Peoples R China|China Acad Financial Res, Zhejiang Univ Finance & Econ, Hangzhou 310018, Zhejiang, Peoples R China;

  • 收录信息
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号