Study on the evolutionary game of real-estate developers and commercial banks

  IJCOT-book-cover
 
International Journal of Computer Trends and Technology (IJCTT)          
 
© - Issue 2013 by IJCTT Journal
Volume-4 Issue-3                           
Year of Publication : 2013
Authors :Hongxing Yao, Changlan Li

MLA

Hongxing Yao, Changlan Li "Study on the evolutionary game of real-estate developers and commercial banks"International Journal of Computer Trends and Technology (IJCTT),V4(3):352-357 Issue 2013 .ISSN 2231-2803.www.ijcttjournal.org. Published by Seventh Sense Research Group.

Abstract: -This paper was based on the evolutionary game theory to study the dynamic game behavior of the real estate developers and commercial bank and set up an evolutionary game model based on asymmetric games, Through a study of the replicator dynamics, the research analyzed the evolutionary stable strategy. At last the simulation shows the effect of Evolutionary path when the initial conditions are changed. The results provide valuable reference for the real estate developers and commercial banks.

References-

[1] Smith J M.The Theory of games and the evolution ofanimal conflict[J].Journal of theoretical Biology,47(1):209-21,1974.
[2] Gao J, Sheng Z.H. Evolutionary game theory and its application in power market[J]. Since the power system ,27(18):18-21,2003.
[3] Gao J, Sheng Z.H. Study on the evolution analysis of the bidding strategy generation market[J].Management Engineering,18(3):91-9,2004.
[4] Sheng Z.H, Jiang D.P. Evolutionary Economics[M] shanghai: Shanghai Joint Publishing.281-326, 2002.
[5] Mei Q, Ma G.J, Du J.G. Study on the evolution route of small and medium-sized enterprises credit guarantees[J].Journal of systems engineering,03.004, 2009.
[6] Wang D.W, Wang W, Liu Q.B. Study on the evolution Sub-sector of the financial system from the shift to the Mixed Game[J].Financial Theory and Practice,02, 2010.
[7] Zhou S.S. The analysis of cooperation game between the real estate developers and the bank[J].Financial perspective,03,2009.

Keywords— real estate developers, commercial banks, evolutionary game, replicator dynamics