TY - JOUR
T1 - How to share benefits of old community renewal project in China? An improved Shapley Value approach
AU - Li, Dezhi
AU - Xiong, Qianli
AU - Huang, Guanying
AU - Du, Bingzhen
AU - Feng, Haibo
N1 - Funding Information: This study is supported by the National Social Science Fund of China (No. 19BGL281 ).
PY - 2022/8/1
Y1 - 2022/8/1
N2 - Old community renewal project (OCRP) is an important part of urban regeneration and can solve some of the problems caused by rapid urbanization. The diverse stakeholders involved in OCRP often have conflicts due to unclear benefits sharing, which hinders the progress of the transformation. Based on the Shapley Value method, this paper added three correction factors of ‘policy support’, ‘cooperative relationship’ and ‘development space’ to establish a benefit sharing model of OCRP. Then, a case study was conducted in the end to validate the model. The results of the case showed that the actual main beneficiaries are enterprises and governments. Benefits sharing under the enterprises-led OCRP implementation mode is more balanced. The results indicate that the model can be used to quantify benefits sharing of OCRP in China and reduce conflicts among stakeholders, thereby promoting OCRP smoothly. This study provides a model to compare the sustainability of different modes of OCRP in China and other economies.
AB - Old community renewal project (OCRP) is an important part of urban regeneration and can solve some of the problems caused by rapid urbanization. The diverse stakeholders involved in OCRP often have conflicts due to unclear benefits sharing, which hinders the progress of the transformation. Based on the Shapley Value method, this paper added three correction factors of ‘policy support’, ‘cooperative relationship’ and ‘development space’ to establish a benefit sharing model of OCRP. Then, a case study was conducted in the end to validate the model. The results of the case showed that the actual main beneficiaries are enterprises and governments. Benefits sharing under the enterprises-led OCRP implementation mode is more balanced. The results indicate that the model can be used to quantify benefits sharing of OCRP in China and reduce conflicts among stakeholders, thereby promoting OCRP smoothly. This study provides a model to compare the sustainability of different modes of OCRP in China and other economies.
KW - Benefits sharing
KW - Emergy analysis
KW - Old community renewal
KW - Shapley value method
UR - https://www.scopus.com/pages/publications/85132744555
U2 - 10.1016/j.habitatint.2022.102611
DO - 10.1016/j.habitatint.2022.102611
M3 - Article
SN - 0197-3975
VL - 126
JO - Habitat International
JF - Habitat International
M1 - 102611
ER -
