Risk Evaluation of Sewage Treatment PPPABS Projects Using Combination Weight Method and D-S Evidence Theory

Table 3

Final risk system of sewage treatment PPPABS projects.

First-level risk factors	Second-level risk factors	References
A1: macrorisks	C1: interest risk	Farooquee [8]
	C2: law risk	Austin et al. [10]
	C3: political risk	Liu et al. [13]
A2: basic asset risks	C4: quality risk	Liang [11]
	C5: unsold risk	Hou [12]
	C6: cash flow prediction deviation risk	Hou [12]
	C7: basic asset compliance risk	Experts
A3: transaction structure risks	C8: bankruptcy isolation risk	Liu and Shao [14]
	C9: prepayment risk	Liu et al. [13]
	C10: SPV bankruptcy risk	Hou [12]
A4: operational risks	C11: underwriting and issue risk	Lyons and Martin [15]
	C12: service providers risk	Hou [12]
	C13: trustee risk	Farooquee [8]
A5: other risks	C14: government contract fulfillment risk	Liu et al. [13]
	C15: majeure risk	Experts
	C16: credit enhancement	Lu et al. [9]
	C17: credit rating risk	Hou [12]