竞标地价和协议地价:土地批租市场中的定价机制研究

Competitive Bidding Price and Strike Price:Study on the Price Formation Mechanism of the Land Leasing Market

本文着重讨论土地批租市场中协议出让和招标拍卖出让方式下的定价机制问题。土地招标拍卖机制是一种市场机制,通过机制设计能够使资源分配给最有效率的使用者和实现拍卖收益的最大化。在协议出让方式下,如果谈判(协议)具有竞争性,那么,协议地价与竞标地价无异。但现实中,由于处于卖方垄断的政府设定租,因此,买者一方的寻租竞争使得现实中的协议地价不等于竞标地价。

This article studies different price formation mechanisms when land property rights are leased by the methods of negotiation and bidding or auction. Under the competitive bidding mechanism, all the potential demander will take part in the price competitive and bidders face the average profit level as well as bid based on the game theory. In another mechanism, if the seller makes decision on which buyer would he the colloquist, the strike price would be lower than the competitive bidding price instead of equal in theory.