The Real Option Theory in Real Estate Investment Evaluation

被引：0

作者：

Gao Hui ^{[1
]}

Zhao Xiaolong

Meng Jingting ^{[1
]}

机构：

[1] Zhejiang Univ Technol, Coll Business & Adm, Hangzhou, Zhejiang, Peoples R China

来源：

PROCEEDINGS OF HANGZHOU CONFERENCE ON MANAGEMENT OF TECHNOLOGY (MOT 2008) | 2008年

关键词：

Option; Real option; Real estate evaluation;

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Usually the NPV method is used to evaluate the income of the real estate investment and the land evaluation, in which the risk or income due to the uncertainties may be neglected. The option theory, as a decision method of financial investment, provides a new thought for the real investment evaluation just like the real estate projects. Real option is proposed to recognize and capture project values hidden in uncertainties so as to lower the risk and increase the income In this paper, the income and the land value were evaluated by the ROA in the real estate investment.

引用

页码：408 / 411

页数：4