Application of option-game in the real estate investment decision

被引:0
|
作者
Jiang, YY [1 ]
An, YH [1 ]
Li, EY [1 ]
机构
[1] Zhejiang Univ, Ningbo Inst Technol, Sch Architectural Engn, Ningbo 315100, Peoples R China
来源
Proceedings of 2005 International Conference on Construction & Real Estate Management, Vols 1 and 2: CHALLENGE OF INNOVATION IN CONSTRUCTION AND REAL ESTATE | 2005年
关键词
option-game; real options; OPT; investment decision;
D O I
暂无
中图分类号
TP [自动化技术、计算机技术];
学科分类号
0812 ;
摘要
Because of the potential problems in traditional theory about the investment decision of real estate, the option-game theory is studied in the paper. Under the condition of the information incompleteness, the theory is applied to the investment decision of enterprise in brief. The paper puts forward option-game idea about the investment decision of real estate, which explains the math hypothesis of random variables primarily. It offers theoretical backup about quantity analysis to insure the science and rationality of project investment decision.
引用
收藏
页码:1061 / 1064
页数:4
相关论文
共 50 条
  • [11] The research on application of real option theory on investment decision of real estate project
    Liu, YM
    Lu, CB
    Proceedings of the 2005 International Conference on Management Science and Engineering, 2005, : 1097 - 1102
  • [12] Research of real estate investment based on option game
    Zhou, Shujing
    Liu, Bang
    Zhang, Zhongda
    PROCEEDINGS OF THE THIRD INTERNATIONAL CONFERENCE ON MANAGEMENT SCIENCE AND ENGINEERING MANAGEMENT, 2009, : 44 - 47
  • [13] Application of Real Option Approach in Multi-period Investment Decision of Real Estate Development
    Li Jian
    Jiang Zhenhuan
    PROCEEDINGS OF 2008 INTERNATIONAL CONFERENCE ON CONSTRUCTION & REAL ESTATE MANAGEMENT, VOLS 1 AND 2, 2008, : 1038 - 1040
  • [14] An investment decision making analysis in a monopolistically competitive real estate market based on real option and game theory
    Chen Qing
    Wu Yongxiang
    Proceedings of 2006 International Conference on Construction & Real Estate Management, Vols 1 and 2: COLLABORATION AND DEVELOPMENT IN CONSTRUCTION AND REAL ESTATE, 2006, : 1461 - 1464
  • [15] Option-Game Analysis of Disperse Information Technology Investment Project
    Wu, Renqun
    LISS 2013, 2015, : 1233 - 1240
  • [16] The real estate game: The intelligent guide to decision making and investment
    Maas, J
    SLOAN MANAGEMENT REVIEW, 1999, 41 (01): : 98 - 99
  • [17] On decision-making and portfolio management of real estate investment based on real option
    Tang, WH
    ORIENT ACADEMIC FORUM SPECIAL, 2004, : 182 - 186
  • [18] Delayed Development and Investment Decision Analysis in Real Estate Based on Real Option Theory
    Zhang Ailin
    Cui Baoxia
    FRONTIERS OF GREEN BUILDING, MATERIALS AND CIVIL ENGINEERING, PTS 1-8, 2011, 71-78 : 4576 - 4579
  • [19] Study on the Timing of Investment Decision of Real Estate Projects Based on the Real Option Theory
    Yang, Yang
    Tan, Huashan
    PROCEEDINGS OF THE INTERNATIONAL CONFERENCE ON LOGISTICS, ENGINEERING, MANAGEMENT AND COMPUTER SCIENCE, 2014, 101 : 410 - 413
  • [20] On the real option thinking and some application in the management of real estate investment risk
    Li, CZ
    Yin, J
    Liu, XZ
    Zhang, GJ
    PROCEEDINGS OF CRIOCM 2005 INTERNATIONAL RESEARCH SYMPOSIUM ON ADVANCEMENT OF CONSTRUCTION MANAGEMENT AND REAL ESTATE, 2005, : 422 - 429