Land development: Risk, return and risk management

Journal of Real Estate Finance and Economics

Volumn 36, Issue 1, 2008, Pages 81-102

  Buttimer Jr , Richard J ^a   Clark, Steven P ^a   Ott, Steven H ^a  

^a UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE   (United States)

Author keywords

Land development process; Preselling; Real options; Risk management

Indexed keywords

EID: 37649007094     PISSN: 08955638     EISSN: None     Source Type: Journal    
DOI: 10.1007/s11146-007-9077-z     Document Type: Article

References (7)

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4. Korpacz/Price Waterhouse Coopers. Korpacz Real Estate Investor Survey. 2006.
5. Shackleton, M., & Wojakowski, R. (2001). On the expected payoff and true probability of exercise of European options. Applied Economic Letters, 8, 269-271.
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7. Sirmans, C. F., Turnbull, G. K., & Dombrow, J. (1997) Residential development risk and land prices. Journal of Regional Science, 37(4), 613-628.