Analysis of the Transformation Mode of Old Industrial Area Based on Game Theory

Abstract

In the old industrial area renovation project, the conflict of interests of all parties involved in the project (local government, original enterprises, investors) is highlighted, so how to find out the balance of interests of all parties involved in the project, and maximize the satisfaction of the interests of all parties is of great significance. Based on the method of evolutionary game theory, this paper establishes a game model for the transformation of old industrial areas by sorting out the conflict of interests of the main parties in the transformation of old industrial areas, and analyzes three transformation modes of old industrial areas by combing the extended form of the model.