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Public-Private Partnership Model with a Consortium Full article

Conference 22nd International conference "Mathematical Optimization Theory and Operations Research"
02-08 Jul 2023 , Екатеринбург
Source Mathematical Optimization Theory and Operations Research: Recent Trends
Compilation, Springer. 2023. 406 c.
Journal Communications in Computer and Information Science
ISSN: 1865-0929
Output data Year: 2023, Volume: 1881, Pages: 231-242 Pages count : 12 DOI: 10.1007/978-3-031-43257-6_18
Tags Stackelberg game · bilevel mathematical programming problems · ΣP 2-hard problems · stochastic local search · strategic planning · public-private partnership · a consortium of subsoil users
Authors Lavlinskii Sergey 1 , Panin Artem 1 , Plyasunov Alexander 1
Affiliations
1 Sobolev Institute of Mathematics, Novosibirsk, Russia

Funding (1)

1 Russian Science Foundation 23-28-00849

Abstract: A model is proposed for generating a mineral raw materials development program in a resource-rich region. The model is based on a special mechanism of public-private partnership with a consortium. The main idea of the partnership model is to cluster mine fields and set up a system of consortia of private investors who jointly implement projects to construct the necessary production infrastructure in the cluster. Such a mechanism is based on the search for a compromise between the interests of the government and private investors, ensuring a Stackelberg equilibrium. In the process of interaction (two periods, sequential choice), the government acts as a leader by setting quotas on the compensations for the consortia’s costs of implementing the infrastructure projects. The system of consortia plays the role of a follower by rationally choosing the infrastructure development program that ensures the profitability of the development projects for private investors, taking into account the costs of shared construction and the compensation schedule offered by the government. This approach allows one to form a targeted development plan by solving a bilevel problem of mathematical programming. This plan determines for each consortium a list of implemented infrastructure projects and, for private investors, a schedule of infrastructure costs and their compensations from the budget. It is proven that the problem of the government belongs to the class of ΣP 2-hard problems associated with the second level of the polynomial hierarchy. The main directions are proposed in searching for efficient solution algorithms based on metaheuristics and enabling the solution of high-dimensional problems.
Cite: Lavlinskii S. , Panin A. , Plyasunov A.
Public-Private Partnership Model with a Consortium
In compilation Mathematical Optimization Theory and Operations Research: Recent Trends. – Springer., 2023. – Т.1881. – C.231-242. DOI: 10.1007/978-3-031-43257-6_18 Scopus OpenAlex
Dates:
Published print: Sep 21, 2023
Published online: Sep 21, 2023
Identifiers:
Scopus: 2-s2.0-85174632486
OpenAlex: W4386891714
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