Delayed Development and Investment Decision Analysis in Real Estate Based on Real Option Theory

被引：0
|
作者：
Zhang Ailin [1 ]
Cui Baoxia [1 ]
机构：
[1] Inner Mongolia Sci & Tech Univ, Architectural & Civil Engn Inst, Baotou Inner Mongolia 014010, Peoples R China
来源：
FRONTIERS OF GREEN BUILDING, MATERIALS AND CIVIL ENGINEERING, PTS 1-8 | 2011年 / 71-78卷
关键词：
Real Options; development of Real Estate; investment Analysis;
D O I：
10.4028/www.scientific.net/AMM.71-78.4576
中图分类号：
TU [建筑科学];
学科分类号：
0813 ;
摘要：
Compared with traditional investment decision analysis methods, the real options method is more applicable for the value analysis of real estate development projects in the uncertain market conditions. In this paper, on the basis of the traditional net present value analysis method, for defer developing real estate, the author introduce the Black-Scholes real option pricing model, and do the detailed analysis with some specific cases.
引用
收藏
页码：4576 / 4579
页数：4
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