
The Research on Discussion Game Theory in the Real Estate Market
- 1 Cup College of Science, China University of Petroleum(Beijing), Beijing, 102249, China
* Author to whom correspondence should be addressed.
Abstract
The purpose of this paper is to discuss the game theory relationships within the real estate market, specifically focusing on the strategic interactions among real estate realtors, the government, and consumer decisions in the market game situation. By employing specific analytical methods and data comparisons, the study draws the corresponding conclusions that shed light on the market’s behavioral dynamics and gives a simple summary. In the process of analysis, the application of derivative methods is used for solving the maximum value problems, and the results under different strategies are presented through the form of table, facilitating the identification of dominant strategies. Finally, the paper concludes with insights for three participants in the market based on the discussions. By synthesizing these findings with insights, the paper offers a comprehensive view of the market’s strategic landscape, not only advances the theoretical understanding of real estate market dynamics but also provides practical strategic recommendations for realtors, the government, and consumers to make informed decisions in a rapidly evolving market environment.
Keywords
Game theory, realtors, government, consumers
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Cite this article
Luo,J. (2025). The Research on Discussion Game Theory in the Real Estate Market. Advances in Economics, Management and Political Sciences,142,146-153.
Data availability
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Volume title: Proceedings of ICFTBA 2024 Workshop: Human Capital Management in a Post-Covid World: Emerging Trends and Workplace Strategies
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