期刊名称：Journal of Theoretical and Applied Information Technology
印刷版ISSN：1992-8645
电子版ISSN：1817-3195
出版年度：2013
卷号：48
期号：1
页码：279-287
出版社：Journal of Theoretical and Applied
摘要：As the core content of the financial market, information plays an important role in the process of the real estate financial innovation. This article builds a game model with four participants (real estate company, financial institution, investor and regulator). Based on interest structures of real estate company, financial institution and investor, we give the dynamic game analysis of different participants� micro-income structure. By using the Principal-agent theory we try to design the incentive mechanism to stimulate real estate companies and financial institutions to work hard and transfer true information effectively. Finally, in order to improve the efficiency of the financial market indirectly, we try to find out the institutional arrangements for the regulation of financial transactions and avoiding the risk of investor�s funds.
