%0 Journal Article
%T Determining optimal meeting frequency: a bargaining solution to improve a poorly functioning PPP industry under budget constraints
%A Larhsoukanh
%A Saisomphorn
%A Wang
%A Chengzhang
%J -
%D 2019
%R 10.1080/1331677X.2019.1651666
%X Sa£¿etak This study uniquely addresses declining business profitability because of a lack of coordinated meetings between the public and private sectors. We determine optimal meeting frequency (i.e., the highest number of regularly scheduled meetings of the Standing Committee of the inter-agency coordination per year at which profit can be maximised) for poorly functioning public¨Cprivate partnership (PPP) industries (i.e., their average return on assets or ROA<0). The tourism industry in emerging countries such as Laos provides an example of a PPP. Using two-person Nash bargaining theory and given budget constraints, we find that the government should conduct bimonthly meetings to improve PPP industry competitiveness. We believe that our study makes a significant contribution to the literature because few emerging studies use mathematical models to address the problem of public and private sector meeting frequency and collaboration
%K Meeting frequency (regularly scheduled meetings)
%K inter-agency coordination
%K public-private partnership
%K Nash bargaining game
%K shadow price
%K Laos
%U https://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=333753