A Real Options Approach to Housing Investment
نویسندگان
چکیده
منابع مشابه
A Real Options Approach to ICT Investment Decisions
limited but growing literature exists on the application of real options methodology to the information and communications technology (ICT) industries. The methodology has been applied to examining the sunk costs of assets and the regulator's impact on the distribution of returns; economic depreciation; an analysis of capacity in long distance data service, and optimization of wireless capacity...
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Investments in technology create a large amount of capital investments by major companies. Assessing such investment projects is identified as critical to the efficient assignment of resources. Viewing investment projects as real options, this paper expands a method for assessing technology investment decisions in the linkage existence of uncertainty and competition. It combines the game-theore...
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This paper applies real options analytic framework to firms’ investment activity in information security technology and then a dynamic analysis of information security investment is explored by extending Gordon-Loeb (2002). The current research provides how firms have to respond to immediate or remote threat numerically. It shows that although positive drift of threat causes both larger and lat...
متن کاملInvestment Appraisal under Uncertainty - A Fuzzy Real Options Approach
The main purpose of this paper is to propose a fuzzy approach for investment project valuation in uncertain environments from the aspect of real options. The traditional approaches to project valuation are based on discounted cash flows (DCF) analysis which provides measures like net present value (NPV) and internal rate of return (IRR). However, DCF-based approaches exhibit two major pitfalls....
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The investment interests in the electricity industry are transmitted through various mechanisms to other economic activities. This paper considers methods for esteeming the adaptability of demand-side response (DSR) in its capacity to react to future uncertainties. The capacity to evaluate this adaptability is particularly critical for vitality frameworks speculations given their extensive and ...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2001
ISSN: 1556-5068
DOI: 10.2139/ssrn.234155