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
Link To Document :
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