Title :
Centipede game network model of investment in real estate market based on grey integration and forwards induction
Author :
Shui Lulu ; Chen Zhi
Author_Institution :
Sch. of Econ. & Manage., Nanjing Univ. of Aeronaut. & Astronaut., Nanjing, China
Abstract :
The investment process of decision-making in the real estate market is a multi-agent-stage dynamic process. The behavior of the game are interdependent and the ultimated equilibrium is an outcome of every the game adjust themselves comprehensively in certain conditions. The paper constructs a Centipede Game network model of investment in real estate market based on grey integration and forwards induction, regulars the method framework based on grey integration and forwards induction.
Keywords :
decision making; game theory; investment; multi-agent systems; real estate data processing; Centipede game network model; decision-making; forward induction; game behavior; grey integration; investment process; multiagent-stage dynamic process; real estate market; ultimated equilibrium; Analytical models; Economics; Educational institutions; Games; Investment; Nash equilibrium; Centipede Game; Nash equilibrium; grey integration; investment decisions; real estate market;
Conference_Titel :
Grey Systems and Intelligent Services, 2013 IEEE International Conference on
Conference_Location :
Macao
Print_ISBN :
978-1-4673-5247-5
DOI :
10.1109/GSIS.2013.6714818
