scholarly journals Developing a Revenue Sharing Method for an Operational Transfer-Operate-Transfer Project

2019 ◽  
Vol 11 (22) ◽  
pp. 6436 ◽  
Author(s):  
Du ◽  
Fang ◽  
Ke ◽  
Philbin ◽  
Zhang
Keyword(s):  
Shapley Value ◽  
Risk Sharing ◽  
Revenue Sharing ◽  
Design Stage ◽  
Support Provision ◽  
Effort Level ◽  
Project Model ◽  
The Impact ◽  
Resource Input ◽  
Input Ratio

The transfer-operate-transfer (TOT) project model is used widely as a commercial framework for public-private-partnerships to support provision of infrastructure and enable the delivery of services. However, operational delivery of such projects can encounter certain challenges, such as the need for improved revenue sharing between governmental and private partners. The purpose of this paper is to design a revenue sharing method (RSM) that satisfies the revenue-sharing forecast in the contract design stage and the realized revenue sharing in the contract execution period for an operational TOT project. This approach identifies the impact of external uncertainty and effort level as well as the input ratio on revenue sharing of participants, distributes and reasonably minimizes the project revenue uncertainty among the participants, and achieves an improved matching of the participants’ revenue sharing with their risk-sharing, resource input and effort level. The paper utilizes the fuzzy-payoffs Shapley value method for revenue distribution for an operational TOT project, where the fuzzy alliance and input ratio coefficient are adopted to gradually optimize the Shapley value and form the RSM of an operational TOT project. The RSM allows prediction of the revenue sharing of participations under uncertain conditions of project revenue and supports improved decision-making by participants.

scholarly journals Revenue Sharing of a TOT Project in China Based on Modified Shapley Value

Symmetry ◽  
2020 ◽  
Vol 12 (6) ◽  
pp. 882
Author(s):  
Yanhua Du ◽  
Jun Fang ◽  
Jingxiao Zhang ◽  
Jun Hu
Keyword(s):  
Distribution Function ◽  
Shapley Value ◽  
Risk Sharing ◽  
Revenue Sharing ◽  
Transfer Model ◽  
Correction Coefficient ◽  
The Shapley Value ◽  
Cooperation Mechanism ◽  
The Government ◽  
Initial Correction

In recent years, China’s government has encouraged the adoption of the TOT (Transfer-Operate-Transfer) model to realize the marketization of China’s public service stock projects. The TOT model is a cooperation mechanism through sharing investment, revenue and risks between the government and private partner. Therefore, a fair and reasonable revenue sharing method (RSM) is the key to the success of the TOT project. This paper aims to provide a fair and reasonable RSM based on a modified Shapley value with a triangular symmetric fuzzy structure element, which has better motivation, flexibility, forecasting function and dynamic precise distribution function. According to the factors that affect revenue sharing, the Shapley value is improved with initial correction coefficient composed of investment ratio, risk-sharing ratio, execution degree, and fuzzy payment to achieve fairness and reasonableness. The methodology is illustrated by a case study of a TOT project selected from Laohekou city of Hubei province, China. The results testify that the revenue-sharing ratios of participants is positively correlated with the initial correction coefficient, which make the RSM more motivating; and the Shapley value with fuzzy payment by using triangular symmetric fuzzy element function make the RSM more flexible, and it has both forecasting function and precise dynamic distribution function under project revenue uncertainty.

scholarly journals Research on the synergy incentive evolution among the EPC subjects of energy efficiency retrofitting of existing buildings from the perspective of fairness cognition

2020 ◽  
Author(s):  
Yanping Yang ◽  
Bojun Wang ◽  
Xiaodan Liu
Keyword(s):  
Energy Efficiency ◽  
Quality Management ◽  
Revenue Sharing ◽  
Energy Performance ◽  
Existing Buildings ◽  
Incentive Effect ◽  
Existing Building ◽  
Performance Contracting ◽  
Effort Level ◽  
The Impact

Abstract In the energy performance contracting (EPC) mode, the energy services company (ESCO) involved in energy efficiency retrofitting of existing buildings often faces the parallel construction of multiple tender segments and multi-professional subcontractors. The one-to-many structure for ESCO and subcontractors causes difficulties to the project quality management and directly affects the effect of energy efficiency retrofitting of existing buildings. Therefore, this paper constructs a revenue-sharing incentive model by considering situation where subjects have fairness cognition. Through the social calculation experiment of the model, results show the following: (1) increasing the revenue-sharing coefficient will help to optimize the engineering quality of energy efficiency retrofitting and increase the energy-saving income; (2) in order to get better incentive effect, the engineering quality grade of energy efficiency retrofitting should match with the incentive strength; (3) because of the impact of fairness cognition, the incentive level difference is too large, and the incentive effect will gradually weaken in the subsequent incentive cycle; (4) subcontractor’s effort level changes can prompt ESCO to adjust the corresponding incentive intensity. Finally, some suggestions are put forward to optimize the engineering quality management of energy efficiency retrofitting of existing building, which is of great significance to improve the effect of energy efficiency retrofitting of existing building under EPC mode.

scholarly journals How Risky Is That Risk Sharing Agreement? Mean-Variance Tradeoffs and Unintended Consequences of Six Common Risk Sharing Agreements

2021 ◽  
Vol 6 (1) ◽  
pp. 238146832199040
Author(s):  
Gregory S. Zaric
Keyword(s):  
Risk Sharing ◽  
Financial Risk ◽  
Unintended Consequences ◽  
Drug Costs ◽  
New Drugs ◽  
Total Drug ◽  
Number Of Patients ◽  
Clinical Benefits ◽  
The Impact ◽  
Mean Variance

Background. Pharmaceutical risk sharing agreements (RSAs) are commonly used to manage uncertainties in costs and/or clinical benefits when new drugs are added to a formulary. However, existing mathematical models of RSAs ignore the impact of RSAs on clinical and financial risk. Methods. We develop a model in which the number of patients, total drug consumption per patient, and incremental health benefits per patient are uncertain at the time of the introduction of a new drug. We use the model to evaluate the impact of six common RSAs on total drug costs and total net monetary benefit (NMB). Results. We show that, relative to not having an RSA in place, each RSA reduces expected total drug costs and increases expected total NMB. Each RSA also improves two measures of risk by reducing the probability that total drug costs exceed any threshold and reducing the probability of obtaining negative NMB. However, the effects on variance in both NMB and total drug costs are mixed. In some cases, relative to not having an RSA in place, implementing an RSA can increase variability in total drug costs or total NMB. We also show that, for some RSAs, when their parameters are adjusted so that they have the same impact on expected total drug cost, they can be rank-ordered in terms of their impact on variance in drug costs. Conclusions. Although all RSAs reduce expected total drug costs and increase expected total NMB, some RSAs may actually have the undesirable effect of increasing risk. Payers and formulary managers should be aware of these mean-variance tradeoffs and the potentially unintended results of RSAs when designing and negotiating RSAs.

scholarly journals A Rational Numerical Method for Simulation of Drop-Impact Dynamics of Oleo-Pneumatic Landing Gear

2021 ◽  
Vol 11 (9) ◽  
pp. 4136
Author(s):  
Rosario Pecora
Keyword(s):  
Numerical Method ◽  
Initial Conditions ◽  
Impact Load ◽  
Numerical Models ◽  
Landing Gear ◽  
Design Stage ◽  
Impact Dynamics ◽  
State Variables ◽  
Adopted Model ◽  
The Impact

Oleo-pneumatic landing gear is a complex mechanical system conceived to efficiently absorb and dissipate an aircraft’s kinetic energy at touchdown, thus reducing the impact load and acceleration transmitted to the airframe. Due to its significant influence on ground loads, this system is generally designed in parallel with the main structural components of the aircraft, such as the fuselage and wings. Robust numerical models for simulating landing gear impact dynamics are essential from the preliminary design stage in order to properly assess aircraft configuration and structural arrangements. Finite element (FE) analysis is a viable solution for supporting the design. However, regarding the oleo-pneumatic struts, FE-based simulation may become unpractical, since detailed models are required to obtain reliable results. Moreover, FE models could not be very versatile for accommodating the many design updates that usually occur at the beginning of the landing gear project or during the layout optimization process. In this work, a numerical method for simulating oleo-pneumatic landing gear drop dynamics is presented. To effectively support both the preliminary and advanced design of landing gear units, the proposed simulation approach rationally balances the level of sophistication of the adopted model with the need for accurate results. Although based on a formulation assuming only four state variables for the description of landing gear dynamics, the approach successfully accounts for all the relevant forces that arise during the drop and their influence on landing gear motion. A set of intercommunicating routines was implemented in MATLAB® environment to integrate the dynamic impact equations, starting from user-defined initial conditions and general parameters related to the geometric and structural configuration of the landing gear. The tool was then used to simulate a drop test of a reference landing gear, and the obtained results were successfully validated against available experimental data.

scholarly journals Review on Urban Heat Island in China: Methods, Its Impact on Buildings Energy Demand and Mitigation Strategies

2021 ◽  
Vol 13 (2) ◽  
pp. 762
Author(s):  
Liu Tian ◽  
Yongcai Li ◽  
Jun Lu ◽  
Jue Wang
Keyword(s):  
Energy Consumption ◽  
Urban Heat Island ◽  
Building Energy ◽  
Design Stage ◽  
Heat Island ◽  
Building Energy Consumption ◽  
Rapid Urbanization ◽  
Substantial Impact ◽  
Urban Heat ◽  
The Impact

High population density, dense high-rise buildings, and impervious pavements increase the vulnerability of cities, which aggravate the urban climate environment characterized by the urban heat island (UHI) effect. Cities in China provide unique information on the UHI phenomenon because they have experienced rapid urbanization and dramatic economic development, which have had a great influence on the climate in recent decades. This paper provides a review of recent research on the methods and impacts of UHI on building energy consumption, and the practical techniques that can be used to mitigate the adverse effects of UHI in China. The impact of UHI on building energy consumption depends largely on the local microclimate, the urban area features where the building is located, and the type and characteristics of the building. In the urban areas dominated by air conditioning, UHI could result in an approximately 10–16% increase in cooling energy consumption. Besides, the potential negative effects of UHI can be prevented from China in many ways, such as urban greening, cool material, water bodies, urban ventilation, etc. These strategies could have a substantial impact on the overall urban thermal environment if they can be used in the project design stage of urban planning and implemented on a large scale. Therefore, this study is useful to deepen the understanding of the physical mechanisms of UHI and provide practical approaches to fight the UHI for the urban planners, public health officials, and city decision-makers in China.

scholarly journals ‘I’m fine!’: Assertions of lack of support need among patients with chronic obstructive pulmonary disease: A mixed-methods study

2021 ◽  
pp. 174239532110003
Author(s):  
A Carole Gardener ◽  
Caroline Moore ◽  
Morag Farquhar ◽  
Gail Ewing ◽  
Efthalia Massou ◽  
...  
Keyword(s):  
Chronic Obstructive Pulmonary Disease ◽  
Pulmonary Disease ◽  
Mixed Method ◽  
Self Report ◽  
Design Stage ◽  
Chronic Obstructive ◽  
Support Needs ◽  
Obstructive Pulmonary Disease ◽  
Stage 1 ◽  
The Impact

Objectives To understand how people with Chronic Obstructive Pulmonary Disease (COPD) disavow their support needs and the impact on care. Methods Two stage mixed-method design. Stage 1 involved sub-analyses of data from a mixed-method population-based longitudinal study exploring the needs of patients with advanced COPD. Using adapted criteria from mental health research, we identified 21 patients who disavowed their needs from the 235 patient cohort. Qualitative interview transcripts and self-report measures were analysed to compare these patients with the remaining cohort. In stage 2 focus groups (n = 2) with primary healthcare practitioners (n = 9) explored the implications of Stage 1 findings. Results Patients who disavowed their support needs described non-compliance with symptom management and avoidance of future care planning (qualitative data). Analysis of self-report measures of mental and physical health found this group reported fewer needs than the remaining sample yet wanted more GP contact. The link between risk factors and healthcare professional involvement present in the rest of the sample was missing for these patients. Focus group data suggested practitioners found these patients challenging. Discussion This study identified patients with COPD who disavow their support needs, but who also desire more GP contact. GPs report finding these patients challenging to engage.

A Dynamic Analysis Of The Impact Of Air Pollution On The daylight Availability In An Open-plan Office In London

2021 ◽  
pp. 94-103
Author(s):  
Jiangtao Du ◽  
Steve Sharples
Keyword(s):  
Air Pollution ◽  
Urban Areas ◽  
Simulation Analysis ◽  
Design Stage ◽  
Design Strategies ◽  
Early Design Stage ◽  
Pollutant Deposition ◽  
Open Plan ◽  
Building Project ◽  
The Impact

The deposition of air pollutants on glazing can significantly affect the daylight transmittance of building fenestration systems in urban areas. This study presents a simulation analysis of the impact of air pollution and glazing visual transmittance on indoor daylight availability in an open-plan office in London. First, the direct links between glazing visual transmittance and daylighting conditions were developed and assessed. Second, several simple algorithms were established to estimate the loss of daylight availability due to the pollutant deposition at the external surface of vertical glazing. Finally, some conclusions and design strategies to support facade planning at the early design stage of an urban building project were developed.

An investigation of the mass-market fashion design process

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Prabod Dharshana Munasinghe ◽  
D.G.K. Dissanayake ◽  
Angela Druckman
Keyword(s):  
Design Process ◽  
Market Design ◽  
High Volume ◽  
Design Stage ◽  
Fashion Design ◽  
Structured Interviews ◽  
Mass Market ◽  
Content Type ◽  
Responsible Consumption ◽  
The Impact

Purpose The process of fashion design varies between market segments, yet these variations have not yet been properly explored. This study aims to examine the fashion design process as practised at the mass-market level, as this is the most vibrant and the largest market segment in terms of production volumes and sales. Design/methodology/approach It is observed that 15 semi-structured interviews were conducted with mass-market fashion designers. Key activities of the mass-market design process were identified and a comparative analysis was conducted with the general design process. Findings The mass-market design process is found to prioritise profits rather than aesthetic aspects, with the buyer exercising more power than the designer. This hinders creativity, which, in turn, may impede a move towards more environmentally benign designs. Originality/value The clothing industry is responsible for high environmental impacts and many of these impacts arise through decisions made in the design stage. In particular, the mass-market for clothing because of its high volume of sales and fast throughput, accounts for a great deal of the impact. However, little is understood about the design process that is practised in the mass-fashion market. This paper fills the gap by developing a framework that describes the mass-market design process. Understanding the design process will enable progress to be made towards achieving the United Nations Sustainable Development Goal 12: Responsible Consumption and Production.

Investigation on the Robustness of Rotor/Stator Contact Interactions with Respect to Small Mistuning

2021 ◽  
Author(s):  
Florence Nyssen ◽  
Alain Batailly
Keyword(s):  
Degrees Of Freedom ◽  
Design Stage ◽  
Contact Interactions ◽  
Reduced Basis ◽  
Amplification Factors ◽  
Bladed Disk ◽  
Nonlinear Amplification ◽  
Rotor Stator Interaction ◽  
Bending Modes ◽  
The Impact

Abstract In this work, the impact of small mistuning on rotor/stator contact interactions is investigated. First, a detailed study of a rotor/stator interaction between the first bending modes and the second engine order is presented in the tuned case. Then, a numerical investigation on the effect of mistuning on the studied rotor/stator contact interaction is carried out. In particular, a stochastic analysis is performed to evaluate the robustness of the interaction with respect to the mistuning level. Simulations are conducted using a reduced order model (ROM) of an industrial bladed disk that combines both physical degrees of freedom (along blades tip for contact treatment) and modal coordinates. Mistuning is introduced in the tuned ROM by means of a modified version of the component mode mistuning method that allows to keep physical degrees of freedom within the reduced basis. Nonlinear amplification factors, i.e. the amplification factors in the context of contact nonlinearities, are compared with their linear counterparts, the latter are computed using a linear forcing on each blade using a two nodal diameters traveling wave excitation on the mistuned and the tuned bladed disk. The comparison between the linear and nonlinear amplification factor for each sample highlights that no correlation exists between a mistuning pattern leading to high amplifications in a linear context or when contact nonlinearities are taken into account. Therefore, dedicated analyses on the effect of mistuning should be undertaken with contact nonlinearities considerations at the design stage especially if intentional mistuning is considered.

scholarly journals Probabilistic assessment of pile capacity based on CPTu probing including random pile foundation depth

2018 ◽  
Vol 196 ◽  
pp. 01058 ◽  
Author(s):  
Marek Wyjadłowski ◽  
Irena Bagińska ◽  
Jakub Reiner
Keyword(s):  
Bearing Capacity ◽  
Objective Assessment ◽  
Probabilistic Approach ◽  
Measurement Data ◽  
Direct Methods ◽  
Side Surface ◽  
Design Stage ◽  
Direct Data ◽  
Design Calculations ◽  
The Impact

The modern recognition of subsoil with the use of CPTu static probes allows to obtain detailed information necessary for the designing. Registered basic two quantities, i.e. cone resistance qc and friction on the sleeve fs, often become direct data, which allow to estimate bearing capacity of the base and the side surface of the pile. Direct methods use similarity of the pile work and piezo-cone work during the examination. An important design stage is the appropriate development of measurement data prior to the commencement of the procedure of determining the pile bearing capacity. Algorithms generated on the basis of empirical experiments are often applied with the simultaneous use of test loads. The probabilistic approach is also significant, because it enables objective assessment of the reliability level of performed design calculations. This work contains an analysis of the impact on the estimated bearing capacity and reliability of a pile of variable random depth of the pile base. It also includes the determination of probabilities of obtaining the assumed safety index for the designed solution at random foundation depth.

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