DocumentCode
2430824
Title
Research on real estate investment project effect based on game model
Author
Jitao, Guo ; Zhang Renjun ; Shanyong, Qin ; Minwei, Liu
Author_Institution
Sch. of Bus., Hohai Univ., Nanjing, China
fYear
2011
fDate
8-11 Jan. 2011
Firstpage
599
Lastpage
602
Abstract
Real estate project investment effect has been a hot topic for developers today. In this paper Cournot Duopoly Model and Stacklberg Model are used to solve and further carry on the analysis about the competition among real estate enterprises, revealed the enterprise respective effect and the overall effect under the same game, the order consecutive game, coalition game and monopolistic game. Then the conclusion is that real estate enterprises alliance and monopoly cooperation may realize the enterprises´ long-term development goal and enhance the enterprise´s competition capacity, the way of alliance and monopoly in real estate enterprise competition is the future developmental trend. The study provides the theoretical basis for the enterprises to select the appropriate operation structure.
Keywords
game theory; investment; property market; Cournot Duopoly model; Stacklberg model; coalition game; game model; monopolistic game; order consecutive game; real estate investment project; Analytical models; Companies; Decision making; Games; Investments; Mathematical model; Monopoly; competition; game playing; investment effect; real estate;
fLanguage
English
Publisher
ieee
Conference_Titel
Management Science and Industrial Engineering (MSIE), 2011 International Conference on
Conference_Location
Harbin
Print_ISBN
978-1-4244-8383-9
Type
conf
DOI
10.1109/MSIE.2011.5707479
Filename
5707479
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