• 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