IDEAS home Printed from https://ideas.repec.org/a/plo/pone00/0332379.html
   My bibliography  Save this article

Bargaining risk governance within the context of China’s belt and road initiative: Perspectives derived from the Kindleberger Trap theory

Author

Listed:
  • Zhifeng Shen
  • Yongming Ye
  • Ahsan Siraj
  • Zhihui Li

Abstract

“Belt and Road” infrastructure projects frequently encounter bargaining risks. This study aims to explore the causes of bargaining behavior and investigate how to control bargaining behavior in projects. The study identifies the factors affecting bargaining risk and employs evolutionary game theory to examine the strategic decisions of Chinese contractors and host governments. The results show that lower negotiation and bargaining costs promote sustained cooperation in the negotiation process. When the value of the contract is substantial and the contractor receives less benefit from the contract than it claims from the host government, terminating the project is good for the contractor.

Suggested Citation

  • Zhifeng Shen & Yongming Ye & Ahsan Siraj & Zhihui Li, 2025. "Bargaining risk governance within the context of China’s belt and road initiative: Perspectives derived from the Kindleberger Trap theory," PLOS ONE, Public Library of Science, vol. 20(9), pages 1-24, September.
    • Handle: RePEc:plo:pone00:0332379
    DOI: 10.1371/journal.pone.0332379
    as

    Download full text from publisher

    File URL: https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0332379
    Download Restriction: no
    File URL: https://journals.plos.org/plosone/article/file?id=10.1371/journal.pone.0332379&type=printable
    Download Restriction: no
    File URL: https://libkey.io/10.1371/journal.pone.0332379?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:plo:pone00:0332379. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: plosone (email available below). General contact details of provider: https://journals.plos.org/plosone/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.