Application of Real Option Approach in China Real Estate Development - A case study.

Application of Real Option Approach in China Real Estate Development - A case study.

The real estate development in emerging economies such as in China presents great uncertainty due to unstable macroeconomic conditions and regulatory changes over the life of the investment project. The traditional valuation approach Discount Cash Flow (DCF) model may be insufficient to evaluate rea...

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Bibliographic Details
Main Author: Chen, Lu
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2007
Online Access:https://eprints.nottingham.ac.uk/21654/

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