Dynamic Game Between Real Estate Developer and Consumer
Based on game theory and expectations hypothesis,this paper has analyzed the dynamic relation between real estate developers and consumers.Through introducing regulative parameters into the model the playersgame behavior is demonstrated.The adaptive expectation theory and disequilibrium cobweb models are used to analyze the system complexity.Numerical simulations show the dynamic game behavior.It will cost much longer time for suppliers expected price to fit together with that of consumers when the regulative parameter is large,but if the regulative parameter is decreased properly it will need shorter time for them to coincide with each other.
Game theory adaptive expectation expected price
Ping Liu Xian Rong Lingling Mu
School of Civil Engineering,Hebei University of Technology,Tianjin,P.R.China School of Management,Hebei University of Technology,Tianjin,P.R.China
国际会议
长沙
英文
471-476
2008-10-28（万方平台首次上网日期，不代表论文的发表时间）