The Research Of The Construction Markets Based On Game Theory Mechanisms

Present in China, with the rapid development of economy, the construction industry plays a vital role in the process of economic growth. A good construction industry environment is a necessary condition for the economic growth, create a good environment is necessary to optimize the credit of the construction market and improve the mechanism of the construction market. Although our governments pay great attention on the development of credit and take some appropriate measures to combat somebody who against the credit of construction market for several years, the expansion of infrastructure and the surge of profits in construction industry led to a new behavior which is not trustworthy flock to the construction market. Such as works were subcontracted secretly, inexplicable disappearance of a lot of money, more and more industry leaders were corruption, and serious quality problems. These acts of bad faith seriously disrupted the order in the construction market, causing adverse social impact to society and a serious waste of resources, increasing the cost of the construction industry. So how to solve the credit problems better on the construction market, and improve the current construction market credit mechanism and the establishment of an effective credit system is an urgent thing.Before writing the article I have searched extensive literatures about the construction market and social surveys, and I also researched the related credit investigation about some enterprises and companies (construction units, real- estate developers, advisory unit, and management enterprises) in the main construction market, from the analysis of these researches I found the credit of each main construction market is not very good, in the short-term transactions, most of them select against the credit when they pursuit the immediate interest. But in the long-term process of cooperation, most also prefer to compliance with credit; and the enterprises with good credit, income significantly better; credit bad business, bad earnings accordingly, the peers are not willing to cooperate with the companies which have a bad credit.The paper is starting from the credit research and the credit problems of our construction markets, analyzes the specific bad faith performances of the main construction markets and the serious consequences of the bad faith would lead, and the asymmetric problem on information between the main construction markets. Then I used the economic game theory thoroughly analyzed why the main construction markets lost their credit, established different types of game models, and finally put forward some strategies and recommendations based on the conclusions and recommendations. This study analyzed the content of method about the main construction market losing the trust, the consequences of losing the trust and the motivation of the dishonesty, this research plays an important role on saving the social resources, improving the operational efficiency of the construction market, standardizing the construction market order, restoring the integrity of the construction markets, and maintaining the development of the national economy keep rapidly and healthily.