Proceedings of the 2023 9th International Conference on Humanities and Social Science Research (ICHSSR 2023)

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The Evolutionary Game and Simulation Study of Guaranteed Rental Housing Policy

Authors
Zhengzheng Xie1, *, Yang Shen1
1College of Economics and Management, Nanjing University of Aeronautics and Astronautics, Nanjing, 211106, Jiangsu, China
*Corresponding author. Email: xiezhengzheng@nuaa.edu.cn
Corresponding Author
Zhengzheng Xie
Available Online 9 September 2023.
DOI
10.2991/978-2-38476-092-3_47How to use a DOI?
Keywords
Guaranteed rental housing; Evolutionary game; Matlab simulation
Abstract

With the accelerated urbanization in China, a large number of new citizens and young people have flocked to big cities, but are facing the housing dilemma of “not being able to afford to buy or rent a house”. In order to solve this problem, the government attaches great importance to and introduces the policy of guaranteed rental housing. This paper constructs a three-party evolutionary game model of government, enterprises and new citizens from the perspective of the new citizens as the main body of the policy and conducts simulation analysis based on the theoretical basis of evolutionary game theory. The research results show that: (1) policy subsidies can effectively motivate enterprises to participate in the construction of guaranteed rental housing. (2) The strategy choice of enterprises is influenced by the net income after responding to the strategy. (3) The new citizens’ trade-off between the net benefit of another rent and the risk cost of failure to participate in the rent is an important basis for their strategy choice. Finally, recommendations related to the development of guaranteed rental housing policies are proposed based on the findings of the study.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 9th International Conference on Humanities and Social Science Research (ICHSSR 2023)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
9 September 2023
ISBN
10.2991/978-2-38476-092-3_47
ISSN
2352-5398
DOI
10.2991/978-2-38476-092-3_47How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Zhengzheng Xie
AU  - Yang Shen
PY  - 2023
DA  - 2023/09/09
TI  - The Evolutionary Game and Simulation Study of Guaranteed Rental Housing Policy
BT  - Proceedings of the 2023 9th International Conference on Humanities and Social Science Research (ICHSSR 2023)
PB  - Atlantis Press
SP  - 351
EP  - 359
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-092-3_47
DO  - 10.2991/978-2-38476-092-3_47
ID  - Xie2023
ER  -