Proceedings of the 2014 International Conference on Management Science and Management Innovation

Game Equilibrium of the Same Products Price Competitive of Real Estate Based on Rank Dependent Utility Theory

Authors
Yong Xiang, Qin Fu, Shan Wu
Corresponding Author
Yong Xiang
Available Online June 2014.
DOI
https://doi.org/10.2991/msmi-14.2014.59How to use a DOI?
Keywords
Rank-dependent utility theory, Real estate development projects, Price competition, Game equilibrium.
Abstract
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.

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Proceedings
2014 International Conference on Management Science and Management Innovation (MSMI 2014)
Part of series
Advances in Economics, Business and Management Research
Publication Date
June 2014
ISBN
978-94-6252-015-8
ISSN
2352-5428
DOI
https://doi.org/10.2991/msmi-14.2014.59How to use a DOI?
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  -