Analysis On Real Estate Market Of China By Game Theory

China has now entered the era of interests and the game of the collective interests has become an important part of China's economic and social life. In recent years, China's real estate market changes, we observe and analyze the game of the interests'times. It is a very good case to understand the characteristics of the nowadays era. In recent years the real estate market in China has developed rapidly, but its development is obviously different from the development of other industries, much controversies happened to it. The economic behaviors and phenomena of the real estate market puzzle us. It is difficult to describe them by the traditional economic theory. The spiraling housing prices, the government's participation, the hard-nosed attitude of developers and the helplessness of the ordinary people showed that China's real estate market is a non-rational market, by too many non-market factors. Its market supply, demand, price formation process has the typical characteristics of the game. We can make use of the relevant knowledge of game theory to describe and analysis the real estate market and establish a decision-making model.Foreword is the introduction on the significance, content and methods of the research.At first chapter, I gave a briefing on China's real estate market changes in the management system, development status and trend of evolution.At chapter II, I made a general game analysis on the real estate market. At first I introduced underlying concepts of game theory. And then discuss the feasibility to analysis the real estate by game theory.Chapter III and IV is the core part of this paper. They mostly analysis the participants of game in the real estate market and establish the corresponding game model. The former mostly analysis the game between the participants. The latter mostly analysis the game with the participants.In this paper, the real estate market research, in addition to standard analysis and empirical analysis, Economics forward primarily using the analytical method of game theory. Through the use of Game theory on the analysis and interpretation of real estate market economic phenomenon, we provide new ideas for the real estate market research.