Dai Dashuang

Professor   Supervisor of Doctorate Candidates   Supervisor of Master's Candidates

Title : China project management institute, deputy director of the committee

Gender:Female

Alma Mater:Xi'an Jiaotong University

Degree:Master's Degree

School/Department:Faculty of Management and Economics

Discipline:Project Management

Business Address:Dalian University of Technology Faculty of Management and Economics 408

Contact Information:0411-84671816

E-Mail:daids@dlut.edu.cn


Paper Publications

Ownership Structure and Contract Efficiency in BOT Projects

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Indexed by:会议论文

Date of Publication:2008-10-12

Included Journals:EI、CPCI-S、Scopus

Page Number:7545-7548

Key Words:BOT; incomplete contract; limited recourse; moral hazard; deposit system

Abstract:Based on the game theory, this paper formulates the concession agreement as an incomplete contract model to investigate the effects of different ownership structures on the efficiency of Build-Operate-Transfer (BOT) project. If the ownership is attributed to the private sector, it has stronger incentive to engage in cost reduction investment. However, the moral hazard arises from the incompleteness of contract and limited recourse. For instance, the private sector might engage in the investment of damaging the project performance. On the other hand, the government ownership can control the project performance, but provide little incentive for the private sector to reduce the project costs. This paper is concluded that the efficiency of BOT project is accomplished under the private sector ownership when the deposit system is introduced to restrain the moral hazard.

Pre One:Collusion and Contract Efficiency in BOT project

Next One:利益外部性和BOT模式的有效性

Profile

DAI Dashuang is currently working as the professor and Ph.D. supervisor of Faculty of Management and Economics as well as the director of Product Management Research Center in Dalian University of Technology. Meanwhile, she is holding a concurrent post as the vice-chairman of Project Management Research Committee China and the chairman of Dalian Project Management Research Committee. For many years, she has been engaged in the scientific research and teaching on project management and technology innovation management. In recent years, she has been focused the research mainly on governmental public project management, project financing, R&D project management and technological innovation, etc. DAI Dashuang boasts the C-level qualification as valuer granted by International Project Management Association (IPMP) and the qualification as registered consulting engineer (investment), etc. She has presided over and finished 2 NSFC projects as the person-in-charge and participated in many NSFC projects; as the person-in-charge, she has presided over 1 project of Doctoral Fund of Ministry of Education, presided over 3 sub-projects in the major projects of “Tenth Five-year” and “Eleventh Five-year” National Defense Basic Scientific Research Program entrusted by Commission for Science, Technology and Industry for National Defense, 1 national 863 projects and 1 project of Ministry of Science and Technology; meanwhile, she has undertaken more than 20 scientific projects entrusted by local government, Second Academy of China Aerospace and enterprises. Driven by the foresaid projects, she has published over 170 academic dissertations, in which more than 50 dissertations are published in domestic academic periodicals such as Systems Engineering-Theory & Practice , China Soft Science Magazine , Journal of Industrial Engineering and Engineering Management , Forecast , Scientific Research Management , Journal of Management Science , Chinese Journal of Management and Science of Science and Management of S.&T. as the chief editor and deputy editor, DAI Dashuang has published 5 treatises like BOT project charter decision-making management , Infrastructure Projects and the Matching Method of BOT and Diffusion of Technological Innovation and more than 10 teaching books like Project Financing , Modern Project Management , Technological Innovation Diffusion and Value Engineering. Meanwhile, she has won the Second Prize of the Award for Excellent Scientific Research Results in Higher Institutions (Humanities and Social Sciences), the Second Prize of the Award for Philosophy and Social Science Achievements in Liaoning Province, the Second Prize of the Award for Scientific and Technological Progress granted by Ministry of Education (the second prize-winner), the Second and Third Prize of the Award for Scientific and Technological Progress in Liaoning Province, the First and Second Prize of the Award for Scientific and Technological Progress in Dalian City, etc. In addition, she has won many honorary titles such as March 8th Red-Banner Pacesetter, Cultural and Ideological Civilization Pacesetter in Liaoning Province, Top Ten Excellent Female Employee in Dalian City, Top Ten Most Popular Teacher in National Business Colleges (MBA) and Excellent Party Member in Dalian University of Technology, etc.