Price decision mechanics of Chinese water right trade in terms of game playing

Based on the utility function,the pricing models of water right trade were set up in terms of playing game about near-water market stage and water market stage,the Nash equilibrium of formal water right trade market stage was discussed and the relevant relations about key element to market pricing model of water market stage were analyzed.Thus the pricing decision mechanics were obtained.It was found that there exists benefit conflict in water market,and the water right trade pricing in near-water market stage is comparatively low,and the water right trade pricing in water market stage is comparatively high.