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《Construction Economy》 2007-06
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Research on Behavior Decision of Real Estate Developers Based on Game Theory

WANG Jin ,LI Zhun ,CAO Shengyuan  
The vacancy rate problem in commercial housing is so serious that stirs the research of developers' behavior decisions,but at present,such researches are so limited. With the help of the model of Game Theory,this paper analyzes the price game among developers. It is found that the most effective way to avoid the price war among developers is to realize market differentiation. After a study of development game,the author suggests if the developer is rational developer,the one who has the priority of developing will control the active power of the market. This urges higher requirement of government's renting activity in the process of the development of real estate industry.
【CateGory Index】: F293.3;F224.32
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