Optimal land development decisions

Journal of Urban Economics

Volumn 51, Issue 1, 2002, Pages 123-142

  Capozza, Dennis R ^a   Li, Yuming ^b  

^a UNIVERSITY OF MICHIGAN   (United States)

^b CALIFORNIA STATE UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0036163252     PISSN: 00941190     EISSN: None     Source Type: Journal    
DOI: 10.1006/juec.2001.2240     Document Type: Article

References (16)

1. "Seemingly Irrational Construction"
2. The transition of land to urban use
3. The fundamentals of urban growth and the price of land
4. The stochastic city
5. Intensity and timing of investment: The case of land
6. Residential investment and interest rates: An empirical test of land development as a real option
7. Valuing long term leases: The option to redevelop
8. The risk structure of land markets
9. "Investment under Uncertainty"
10. Waiting to invest: Investment and uncertainty
11. Capital theory and investment behavior
12. The value of waiting to invest
13. The theory of rational option pricing
14. Real estate development as an option