Study on Stakeholders' Game Relationships and Affordable Housing Policy Optimization

Housing security is a major social problem which related to the national economy during the implementation of affordable housing projects. Because of the obvious game relationships between stakeholders - which includes the central government, local government, developer and the low-income group - in their game relationships, each will demonstrate its "economic man" characteristics. This topic provides a theoretical analysis of the objective phenomenon by use of the theory of stakeholders and game theory, which aim at the problems and disadvantages during the implementation of affordable housing. Using game theory - (1) the game relationships between stakeholders of affordable housing are analyzed; (2) the original reasons for the inefficiency of the affordable housing policy are explored; and (3) the problems between the stakeholders in the game are proclaimed. Meanwhile, the optimization ways and advice upon stakeholders and the affordable housing policy are given based on the game theory analysis.