Chapter
Nov 12, 2013
A Case-Based Reasoning System for Residual Value Risk in Public-Private Partnership Projects
Authors: Chuang Ji [email protected], Jingfeng Yuan [email protected], Ranran Han [email protected], and Qiming Li [email protected]Author Affiliations
Publication: ICCREM 2013: Construction and Operation in the Context of Sustainability
Abstract
Aiming to help Public-Private Partnership (PPP) projects improve their performance, an approach to evaluate Residual Value Risk (RVR) for Public-Private Partnership (PPP) projects was developed. When a Public-Private Partnership (PPP) project is transferred to the government, there emerges the question about the identification of value of the project, which is closely related to the Residual Value Risk (RVR). The methods of case-based reasoning (CBR), and a case-based residual value risk reasoning system of PPP projects (RVR-CBR System) is built with the help of my CBR3.0 workbench. This approach is mostly based on historical PPP experiences and knowledge. The findings can provide new methods and perspectives for research on residual value risk of PPP projects, and has practical significance for PPP's application in infrastructure.
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Published In
ICCREM 2013: Construction and Operation in the Context of Sustainability
Pages: 680 - 692
Copyright
© 2013 American Society of Civil Engineers.
History
Published online: Nov 12, 2013
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Ph.D. Candidate, Department of Construction & Real Estate, Southeast Univ., Nanjing, China, 210096. E-mail: [email protected]
Lecturer, Department of Construction & Real Estate, Southeast Univ., Nanjing, China, 210096. E-mail: [email protected]
Postgraduate Student, Department of Construction & Real Estate, Southeast Univ., Nanjing, China, 210096. E-mail: [email protected]
Professor and Head, Department of Construction & Real Estate, Southeast Univ., Nanjing, China, 210096. E-mail: [email protected]
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