Evolutionary Game Analysis of Developers Participating in the Construction of Rental Housing
Publication: ICCREM 2022
ABSTRACT
In view of the problem of government incentive policy of rental housing and the enthusiasm of developers in building rental housing, the evolutionary game theory is applied to build a game model, and the benefits of the government and developers are analyzed qualitatively. First, a symmetric game model between the government and developers is constructed based on the non-cooperative repeated game. Secondly, considering the application of the game model in rental housing, the paper analyzes the stability strategy of both sides, draws the phase diagram of the group game between the government and the developer, and proposes a method to improve Pareto optimality equilibrium returns according to the local stability analysis of the Jacobian matrix of the system based on the analysis of the evolutionary game between the government and the developer, the paper finally gives some suggestions on the win-win strategy of the government and the developer in the construction of rental housing.
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REFERENCES
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ICCREM 2022
Pages: 627 - 633
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Published online: Dec 15, 2022
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