... factors such as government subsidies and operator costs significantly affect game behavior in scenarios characterized by neutral supplier and owner attitudes and government supervisory inclinations. Practical implications The findings enhance China’s supervisory system for CUPS safety supervision...

...Jian Guo; Junlin Chen; Yujie Xie Purpose This paper explores the impact of both government subsidies and decision makers' loss-averse behavior on the determination of transportation build-operate-transfer (BOT) concession periods based on cumulative prospect theory (CPT). The prospect value...