Game Equilibrium of the Same Products Price Competitive of Real Estate Based on Rank Dependent Utility Theory
Yong Xiang, Qin Fu, Shan Wu
Available Online June 2014.
- https://doi.org/10.2991/msmi-14.2014.59How to use a DOI?
- Rank-dependent utility theory, Real estate development projects, Price competition, Game equilibrium.
- The projects show the homogenization of the competition state with the steady development of the real estate development. Based on the rank dependent utility theory and the traditional homogeneous product price competition between developers, this paper builds price competition game model of the homogeneous product and analysis competitive equilibrium in the price. Finally it discusses the influence of the main game equilibrium results in the emotional preference.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Yong Xiang AU - Qin Fu AU - Shan Wu PY - 2014/06 DA - 2014/06 TI - Game Equilibrium of the Same Products Price Competitive of Real Estate Based on Rank Dependent Utility Theory BT - 2014 International Conference on Management Science and Management Innovation (MSMI 2014) PB - Atlantis Press SN - 2352-5428 UR - https://doi.org/10.2991/msmi-14.2014.59 DO - https://doi.org/10.2991/msmi-14.2014.59 ID - Xiang2014/06 ER -