Game Theory Based Research on Profit Distribution among Stakeholders in Urban Renewal Projects

DOI

10.2991/msie-13.2013.102How to use a DOI?

Keywords

Urban renewal, Housing demolition, Profit distribution, Game equilibrium

Abstract

Always encountered at the demolition stage in an urban renewal project are conflicts among the stakeholders including the government agency, the original residents and the real estate developer. In order to mediate their different interests, a reasonable demolition compensation system is undoubtedly of great importance. From the perspective of profit distribution game theory, the relationships among stakeholders in urban housing demolition compensation system are discussed, the static game model among three parties is constructed and the profit distribution mechanism based on reciprocating fairness is analyzed. Through the study of the paper, the cooperative equilibrium among the three parties is found and the criteria of profit distribution are put forward.

Copyright

© 2013, 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  - Jingjing Liu
AU  - Yuqi Zou
PY  - 2013/11
DA  - 2013/11
TI  - Game Theory Based Research on Profit Distribution among Stakeholders in Urban Renewal Projects
BT  - Proceedings of the 2nd International Conference on Management Science and Industrial Engineering
PB  - Atlantis Press
SP  - 475
EP  - 479
SN  - 1951-6851
UR  - https://doi.org/10.2991/msie-13.2013.102
DO  - 10.2991/msie-13.2013.102
ID  - Liu2013/11
ER  -