𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Real estate and real options — A case study

✍ Scribed by Katia Rocha; Luciana Salles; Francisco Augusto Alcaraz Garcia; José A. Sardinha; José P. Teixeira

Book ID
116445628
Publisher
Elsevier Science
Year
2007
Tongue
English
Weight
630 KB
Volume
8
Category
Article
ISSN
1566-0141

No coin nor oath required. For personal study only.

📜 SIMILAR VOLUMES

Real estate development as an option
Real estate development as an option
✍ Joseph T. Williams 📂 Article 📅 1991 🏛 Springer US 🌐 English ⚖ 834 KB

Subject to legal limitations, the owner of undeveloped real estate can determine both the date and density at which to develop his property. Alternatively, he can abandon his property. The value of these options depends partly on the stochastic evolution through time of the operating revenues and co