Study On Main Stakeholders Behavior Of Green Property Hotel By Game Theory

Property hotel is the new investment that reorganizing advantageous resources of tourism and real estate.The latest industry regulations issued showing strong demand of tourism real estate.Deepening idea of energy conservation,consumers focus save energy and protect environment.Hotels face up to the fact that green measures on the improvement of income and their own cause large energy consumption.Confronted with such problems,this artical tries to combine property hotel with green building standards for the green property hotel,the new research angle of view.Through the game theory to analysis the actual situation,creating relevant game model,researching the strategy choice of main stakeholders.Green property hotel stakeholders have two doubts,on the one hand is green property hotel higher building and operating cost,on the other hand the green property hotel acceptance in the market is not clear for governments,developers and owners,making a game relation between stakeholders due to the reasonableness of costs and benefits.Specifically the keystone of game is whether the government would supervise and motivate green property hotel market,developers would develop and investors would participate as investors.This article based on existing research,evolutionary game and principal-agent theory discuss how to effectively promoting green property hotel under the premise of guarantee the interests of the main stakeholders.First Mitchell score-based approach define the stakeholders of green property hotel,selected developers,small owners,governments,management company.Then stakeholders are divided into two groups to create a game model and analysis respectively.A group are the government,developers and owners of evolutionary game theory,using matlab to analyze the strategy choices of tripartite main stakeholders and createing the corresponding payoff matrix under different strategies.Calculated by replicating the dynamic equation of the game equilibrium solution and ESS,using of multiple sets analyse convergence of the market evolution and influence of parameter change on the evolutionary stable point movements.It is concluded that scopes of stakeholders payoff function respectively when property hotel developers adopting green building standards and owners buying such hotel.Second groups is the principal-agent model between principal and hotel management company,discuss how to create the game model to maximize the interests of both sides under the effective utilization of resources.Developing principal-agent best incentive points,concluded that equilibrium?N₀^*,?^*,s^*?.By changing the parameters of the model to investigate how game stability evolution,how effective the incentive contract is.Finally with examples verify the practicability of two game models and the correctness of conclusion,so as to green property hotel established quantitative guidance system and draw lessons from expansion value.