Research on the Economic Evaluation of Retirement Community of China Based on the System Dynamics

DOI

10.2991/hss-26.2016.133How to use a DOI?

Keywords

Retirement community, System dynamics, Economic evaluation.

Abstract

This paper reviewed retirement community concept, characteristics, meaning based on the economic evaluation, project planning and investment operating theory of real estate. Further, retirement community project’s economic evaluation model was built by using system dynamics method. Then, this article implemented dynamic simulation and analyzed the effect of project operation and evaluate its economic feasibility. Results show that the government’s policy, construction cost and the late management play important roles in retirement community project. In addition, the system dynamics has validity in economic evaluation of retirement community project. Simulation results can provide references for project investment decisions.

Copyright

© 2016, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Ting Li
AU  - Feng Lan
PY  - 2016/01
DA  - 2016/01
TI  - Research on the Economic Evaluation of Retirement Community of China Based on the System Dynamics
BT  - Proceedings of the 2016 International Conference on Humanities and Social Science
PB  - Atlantis Press
SP  - 804
EP  - 811
SN  - 2352-5398
UR  - https://doi.org/10.2991/hss-26.2016.133
DO  - 10.2991/hss-26.2016.133
ID  - Li2016/01
ER  -