Study on the Withdrawal Mechanism of Rental Housing in Collective Construction Land Based on Evolutionary Game
Publication: ICCREM 2023
ABSTRACT
Collective construction land rental housing is in the pilot stage, and a complete “access-operation-withdrawal” closed loop has not yet been established. Constructs an evolutionary game model under the assumption of limited rationality of game subjects and conducts an evolutionary game study on the withdrawal of collective economic organization, cooperative enterprise, and lessee, respectively. The result shows that under the existing institutional framework when the amount of government compensation is greater than the proceeds gained by the collective economic organizations by concealing their withdrawal, the collective economic organization takes the initiative to withdraw, and vice versa. When a cooperative enterprise withdraws, the cooperative enterprise tends to conceal its withdrawal regardless of whether the collective economic organization scrutinizes it strictly or not; when the revenue brought by introducing an incentive mechanism is greater than the revenue gained by the lessee’s concealment, the lessee takes the initiative to withdraw, and vice versa.
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Published In
ICCREM 2023
Pages: 890 - 902
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Published online: Nov 30, 2023
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