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Real estate development as an option
4 references·16 citing·44 second hop
Real estate development as an option (1991)Real estate development as an optionTheory of rational option pricing (2005)Theory of rational option pri…Urban Land Prices Under Uncertainty (1985)Urban Land Prices Under Uncer…Options on the minimum or the maximum of two risky assets (1982)Options on the minimum or the…THE VALUE OF AN OPTION TO EXCHANGE ONE ASSET FOR ANOTHER (1978)THE VALUE OF AN OPTION TO EXC…Real Options Signaling Games with Applications to Corporate Finance (2011)Real Options Signaling Games …Irreversible investment, real options, and competition: Evidence from real estate development (2008)Irreversible investment, real…Investment, consumption, and hedging under incomplete markets (2007)Investment, consumption, and …Investment under uncertainty and time-inconsistent preferences☆ (2007)Investment under uncertainty …An Equilibrium Model of Investment Under Uncertainty (2007)An Equilibrium Model of Inves…Real Options as Engines of Choice and Heterogeneity (2004)Real Options as Engines of Ch…Investment timing, agency, and information (2004)Investment timing, agency, an…Equilibrium Investment Strategies and Output Price Behavior: A Real-Options Approach (2003)Equilibrium Investment Strate…The Role of Uncertainty in Investment: An Examination of Competing Investment Models Using Commercial Real Estate Data (2000)The Role of Uncertainty in In…Land use regulation and new construction (2000)Land use regulation and new c…Challenges to the practical implementation of modeling and valuing real options (1998)Challenges to the practical i…Application of option-pricing theory: twenty five years later (1998)Application of option-pricing…The persistence of real estate cycles (1995)The persistence of real estat…Pricing Real Assets with Costly Search (1995)Pricing Real Assets with Cost…The intensity and timing of investment: The case of land (1994)The intensity and timing of i…Equilibrium and Options on Real Assets (1993)Equilibrium and Options on Re…EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)A Closed-Form Solution for Options with Stochastic Volatility with Applications to Bond and Currency Options (1993)The Pricing of Options and Corporate Liabilities (1973)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)Determinants of corporate borrowing (1977)A Lattice Framework for Option Pricing with Two State Variables (1988)The Nature of Option Interactions and the Valuation of Investments with Multiple Real Options (1993)Non‐additivity in portfolios of exploration activities: a real options‐based analysis of equity alliances in biotechnology (2004)The Value of Waiting to Invest (1982)Evaluating Natural Resource Investments (1985)Options, uncertainty and sunk costs: (2003)House price uncertainty, timing of development, and vacant land prices: Evidence for real options in Seattle (2005)NEW DIRECTIONS FOR URBAN ECONOMIC MODELS OF LAND USE CHANGE: INCORPORATING SPATIAL DYNAMICS AND HETEROGENEITY (2010)Investment Under Uncertainty. (1994)Real Options Analysis: Where Are the Emperor's Clothes? (2005)An Attention-Based View of Real Options Reasoning (2008)Random group effects and the precision of regression estimates (1986)Time to build, option value, and investment decisions (1987)What To Do (and Not to Do) with Time-Series Cross-Section Data (1995)Regulation and the High Cost of Housing in California (2005)Recent House Price Developments: The Role of Fundamentals (2006)The effect of land use regulation on housing and land prices (2006)The Structure of Scientific Revolutions (1963)Exploration and Exploitation in Organizational Learning (1991)International Joint Ventures and The Value of Growth Options (2008)Real Options, International Entry Mode Choice and Performance (2008)Risk Uncertainty and Supply Chain Decisions: A Real Options Perspective (2010)An Intertemporal Capital Asset Pricing Model (1973)Theory of Rational Option Pricing (1973)Investment and the Valuation of Firms When There is an Option to Shut Down (1985)Changes of numéraire, changes of probability measure and option pricing (1995)Arbitrage Theory in Continuous Time (2004)Irreversibility, Uncertainty, and Cyclical Investment (1980)The stochastic city (1990)The Strategic Exercise of Options: Development Cascades and Overbuilding in Real Estate Markets (1996)Valuing Flexibility as a Complex Option (1990)Real Options and Interactions with Financial Flexibility (1993)Capital Allocation for Insurance Companies (2001)DESIGN OF FINANCIAL SYSTEMS: TOWARDS A SYNTHESIS OF FUNCTION AND STRUCTURE (2005)Uncertainty, Real Options, and Cost Behavior: Evidence from Washington State Hospitals (2005)Golden Eggs and Hyperbolic Discounting (1997)Instantaneous Gratification * (2012)Dynamic Investment, Capital Structure, and Debt Overhang (2014)Time-Inconsistent Stochastic Linear-Quadratic Control: Characterization and Uniqueness of Equilibrium (2017)
this work references cited by second hop

References

  • 2005Theory of rational option pricing7,161 cited
  • 1978THE VALUE OF AN OPTION TO EXCHANGE ONE ASSET FOR ANOTHER1,740 cited
  • 1985Urban Land Prices Under Uncertainty640 cited
  • 1982Options on the minimum or the maximum of two risky assets553 cited

Cited by

  • 2000Land use regulation and new construction454 cited
  • 1998Challenges to the practical implementation of modeling and valuing real options327 cited
  • 1994The intensity and timing of investment: The case of land312 cited
  • 2004Real Options as Engines of Choice and Heterogeneity277 cited
  • 1998Application of option-pricing theory: twenty five years later229 cited
  • 2007Investment under uncertainty and time-inconsistent preferences☆219 cited
  • 2008Irreversible investment, real options, and competition: Evidence from real estate development217 cited
  • 2004Investment timing, agency, and information212 cited
  • 1995The persistence of real estate cycles200 cited
  • 1993Equilibrium and Options on Real Assets186 cited
  • 2007Investment, consumption, and hedging under incomplete markets177 cited

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2000
The Role of Uncertainty in Investment: An Examination of Competing Investment Models Using Commercial Real Estate Data
139 cited
  • 2003Equilibrium Investment Strategies and Output Price Behavior: A Real-Options Approach138 cited
  • 2007An Equilibrium Model of Investment Under Uncertainty132 cited
  • 1995Pricing Real Assets with Costly Search125 cited
  • 2011Real Options Signaling Games with Applications to Corporate Finance122 cited