Title :
The game theory between government and developer of real estate in the real estate market
Author :
Xinming, Sun ; Lijing, Liao
Author_Institution :
School of Management Huazhong University of Science and Technology Wuhan, China
Abstract :
As in the real estate market, the relationship of government, real estate developers and consumers have clear game features, this article use the model of incomplete information dynamic game, Signaling Game theory and the Perfect Bayesian Equilibrium model to analyze the game between the government and real estate developers, and then analyze that using the introduction of policies to regulate the real estate market, to guide price trend is reasonable.
Keywords :
Analytical models; Bayesian methods; Economics; Educational institutions; Game theory; Games; Government; Perfect Bayesian Equilibrium; Real Estate Market; Signaling Game;
Conference_Titel :
E -Business and E -Government (ICEE), 2011 International Conference on
Conference_Location :
Shanghai, China
Print_ISBN :
978-1-4244-8691-5
DOI :
10.1109/ICEBEG.2011.5886978
