Game Analysis on Cost Information Disclosure of Security Housing Price

摘要

Information asymmetry seriously impacts the regulation of the government to the security housing price. Based on the Principal-agent theory, the government supervises the real estate developer to disclose the cost information of constructing security housing. This paper analyzes the complete information static game between the government and the real estate developer about the cost information disclosure and the hybrid Nash Equilibrium is educed. To the degree of accuracy of the cost information reported by the real estate developer, the evolutionary game theory is employed to discuss the colony evolutionary process of the government and the real estate developer. In conclusion, some suggestion for the government to supervise the behavior of the real estate developer to disclose the real cost information is presented.