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Development Value: A Real Options Approach Using Empirical Data
16 references·2 citing·36 second hop
Development Value: A Real Options Approach Using Empirical Data (2010)Development Value: A Real Options Approac…Irreversible investment, real options, and competition: Evidence from real estate development (2008)Irreversible investment, real…Theory of rational option pricing (2005)Theory of rational option pri…House price uncertainty, timing of development, and vacant land prices: Evidence for real options in Seattle (2005)House price uncertainty, timi…The Strategic Exercise of Options: Development Cascades and Overbuilding in Real Estate Markets (1996)The Strategic Exercise of Opt…Valuing lease contracts A real-options approach (1995)Valuing lease contracts A rea…Real Options and Interactions with Financial Flexibility (1993)Real Options and Interactions…Empirical Testing of Real Option-Pricing Models (1993)Empirical Testing of Real Opt…Real estate development as an option (1991)Real estate development as an…Valuing Commercial Mortgages: An Empirical Investigation of the Contingent‐Claims Approach to Pricing Risky Debt (1989)Valuing Commercial Mortgages:…The Efficiency of the Market for Single-Family Homes (1988)The Efficiency of the Market …Urban Land Prices Under Uncertainty (1985)Urban Land Prices Under Uncer…Evaluating Natural Resource Investments (1985)Evaluating Natural Resource I…The Value of Waiting to Invest (1982)The Value of Waiting to InvestHedonic Prices and Implicit Markets: Product Differentiation in Pure Competition (1974)Hedonic Prices and Implicit M…Theory of Rational Option Pricing (1973)Theory of Rational Option Pri…The Pricing of Options and Corporate Liabilities (1973)The Pricing of Options and Co…Demand Uncertainty, Development Timing and Leasehold Land Valuation: Empirical Testing of Real Options in Residential Real Estate Development (2014)Demand Uncertainty, Developme…A real option-based valuation model for privately-owned public rental housing projects in China (2014)A real option-based valuation…Rational herding in financial economics (1996)Is There a Bubble in the Housing Market? (2003)Distance and Private Information in Lending (2010)Short- Term Interest Rates as Predictors of Inflation (2021)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)A Closed-Form Solution for Options with Stochastic Volatility with Applications to Bond and Currency Options (1993)Determinants of corporate borrowing (1977)Real Options and IT Platform Adoption: Implications for Theory and Practice (2004)Stakeholder Theory:The State of the Art (2010)Real options theory in strategic management (2016)Investment under Uncertainty (1994)Investment Under Uncertainty. (1994)Challenges to the practical implementation of modeling and valuing real options (1998)Real Estate “Cycles”: Some Fundamentals (1999)Macroeconomics and housing: a review of the literature (2004)Capital Theory and Investment Behavior (1963)Option pricing when underlying stock returns are discontinuous (1976)Irreversibility, Uncertainty, and Cyclical Investment (1980)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)Joint Ventures and the Option to Expand and Acquire (1991)Operating Flexibility, Global Manufacturing, and the Option Value of a Multinational Network (1994)A Pure Theory of Local Expenditures (1956)Wages, Rents, and the Quality of Life (1982)Customer Satisfaction, Market Share, and Profitability: Findings From Sweden (1994)Skills, Tasks and Technologies: Implications for Employment and Earnings (2011)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)A Theory of the Term Structure of Interest Rates (1985)Entry and Exit Decisions under Uncertainty (1989)Irreversibility, Uncertainty, and Investment (1990)The Stochastic Behavior of Commodity Prices: Implications for Valuation and Hedging (1997)The stochastic city (1990)Land use regulation and new construction (2000)Option pricing: A simplified approach (1979)
this work references cited by second hop

References

  • 1973The Pricing of Options and Corporate Liabilities29,064 cited
  • 1974Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition10,715 cited
  • 1973Theory of Rational Option Pricing8,060 cited
  • 2005Theory of rational option pricing7,161 cited
  • 1982The Value of Waiting to Invest3,606 cited
  • 1985Evaluating Natural Resource Investments2,379 cited
  • 1988The Efficiency of the Market for Single-Family Homes1,828 cited
  • 1993Real Options and Interactions with Financial Flexibility690 cited
  • 1985Urban Land Prices Under Uncertainty640 cited
  • 1996The Strategic Exercise of Options: Development Cascades and Overbuilding in Real Estate Markets632 cited
  • 1993Empirical Testing of Real Option-Pricing Models458 cited
  • 1991Real estate development as an option328 cited
  • 1995Valuing lease contracts A real-options approach276 cited
  • 1989Valuing Commercial Mortgages: An Empirical Investigation of the Contingent‐Claims Approach to Pricing Risky Debt247 cited
  • 2008Irreversible investment, real options, and competition: Evidence from real estate development217 cited

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2005
House price uncertainty, timing of development, and vacant land prices: Evidence for real options in Seattle
195 cited

Cited by

  • 2014A real option-based valuation model for privately-owned public rental housing projects in China31 cited
  • 2014Demand Uncertainty, Development Timing and Leasehold Land Valuation: Empirical Testing of Real Options in Residential Real Estate Development29 cited