Research on the Evolutionary Game of Private Enterprises'Participation in"Belt and Road"Infrastructure Projects From the Perspective of Prospect Theory
Research on the Evolutionary Game of Private Enterprises'Participation in"Belt and Road"Infrastructure Projects From the Perspective of Prospect Theory
From the perspective of behavioral economics,this paper conducts a study on infrastructure construction cooperation between private enterprises and host governments under the background of"belt and road"initiative,which is more in line with reality.This paper introduces prospect theory,constructs the game matrix between private enterprises and the host government in the context of"belt and road",analyzes the group evolution process,and verifies the influencing factors affecting the decision-making behavior of both parties through numerical simulation.The results of the study show that the increase in risk appetite of both parties for the"belt and road"infrastructure cooperation is conducive to the promotion of cooperation.This study provides a theoretical reference value for the construction of a synergistic development mechanism between private enterprises and the government under the demand-driven"belt and road".It promotes the active participation of Chinese private enterprises in the"belt and road"co-construction.
关键词
基础设施项目/前景理论/演化博弈/民企参与/"一带一路"
Key words
infrastructure projects/prospect theory/evolutionary games/private enterprise participation/"belt and road"