Abstract
The paper constructs the oligopoly models of assembled building developers based on Cournot model and Stackelberg model of development scale competition. Based on the comparison of the profit of the regional assembled building market, which is obvious in product homogeneity and multi oligopoly, a game analysis is carried out for the development pattern of assembled building developers. On the basis of the above models, we get the equilibrium solution of developers' Cournot competition and the sub game refining Nash equilibrium solution of the developers' Stackelberg competition respectively. Based on the different N values, we compare the development scale, the development income and the market price of the two competitive modes. Combining with the above game equilibrium, this paper makes a concrete analysis of the actual situation of the competition of assembled building developers in China.
Highlights
With the adjustment of national industrial structure and the advocacy of green energy-saving building concept in construction industry, the development of assembled building has attracted more and more attention, and the competition in the assembled building market has become one of the focuses of attention[1] [2]
As far as China's current situation is concerned, the regional assembled building market is obviously characterized by oligopoly, so it is regarded as a monopolistic market with multiple oligarchs[7]
Because the assembled building market has obvious characteristics of product homogeneity, this article is based on the establishment of Cournot model and Stackelberg model [8]
Summary
With the adjustment of national industrial structure and the advocacy of green energy-saving building concept in construction industry, the development of assembled building has attracted more and more attention, and the competition in the assembled building market has become one of the focuses of attention[1] [2]. The decision-making of output and price between developers will affect the regional market and other competitors, so the decision-making of developers is interdependent and mutually restrictive[3] [4]. As far as China's current situation is concerned, the regional assembled building market is obviously characterized by oligopoly, so it is regarded as a monopolistic market with multiple oligarchs[7]. Because the assembled building market has obvious characteristics of product homogeneity, this article is based on the establishment of Cournot model and Stackelberg model [8].
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