Abstract
It is an important measure to construct public-rent housing for our housing security system. Nowadays it is explored to induce civil capital into public-rent housing construction through BOT in a number of areas. In this paper an investment decision model about Government and civil capital is set up by game theoretical method and the relations between public-rent housing and real estate market, concision period and rent as decision variables. It theoretically indicates that it is hard to induce civil capital into construction of public-rent housing owning to prosperity of real estate market and lower return of public-rent housing. We suggest that Government should design incentive mechanism to induce civil capital into public-rent housing.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Li, D.: Analysis on the Construction of Public-rent Housing by Applying BOT Financing Model. Economic and Social Development 8, 8–11 (2010)
Changzhou Municipal People’s Government. Management Methods for the Public-rent Housing in the Urban City of Changzhou[EB/01] (July 16, 2009), http://www.changzhou.gov.cn/CZPortal2008Web/Default/InfoDetail.aspx?InfoGuid=d03f8ce8-c32a-4998-9517-6669b901d0f2
Beijing Municipal People’s Government. Management Methods for the Public-rent Housing in the Urban City of Beijing(Trial) [EB/01] (September 16, 2009), http://bj.9ask.cn/fangchanjiufen/fwzlsifajieshi/200909/232996.html
Li, Z., Tian, J.: Prediction Research on the Supply of Affordable Housing in Beijing. Harbin Institute of Technology (Social Science Edition) 11(5), 89–94 (2009)
Wei, D.: Argument on Establishment of Rental Housing Security System. Construction Economics 4, 81–83 (2009)
Jiang, J.: Research on Low-cost Housing Financing Model. Xi’an University of Architecture Technology (2004)
Nombela, G., Gines, D.R.: Flexible-term. Ontracts for road franchising. Transportation Research Part A 38(3), 163–179 (2004)
Li, Q., Shen, L.: Decision-making Model of Infrastructure BOT Projects Concession Period. Management Engineering 14(1), 43–46 (2000)
Yang, H., Zhou, J., He, J.: Decision-making Model of Traffic BOT Projects Concession Period Based on Game theory. Management Engineering 17(3), 93–95 (2003)
Yang, H., He, J., Zhou, J.: Game Decision-making Model of Road Toll Pricing and Investment under the BOT Model. China Management Science 11(4), 30–33 (2003)
Shen, L.Y., Wu, Y.Z.: Riskeon Cession model for buil-operation-transfer contract projects. Journal of Construetion Engineeringand Management 131(2), 211–220 (2005)
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2011 Springer-Verlag Berlin Heidelberg
About this paper
Cite this paper
Wang, L., Liu, F., Dai, J. (2011). Study on Game Decision of BOT Financing Model of Public-Rent Housing. In: Wang, Y. (eds) Education Management, Education Theory and Education Application. Advances in Intelligent and Soft Computing, vol 109. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-24772-9_16
Download citation
DOI: https://doi.org/10.1007/978-3-642-24772-9_16
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-24771-2
Online ISBN: 978-3-642-24772-9
eBook Packages: EngineeringEngineering (R0)