Applications of Real Options in the Real Estate Market Focusing the City of Rio de Janeiro
An investment opportunity in the real state market can be compared with an option and, because of this analogy, we can make use of the real options theory to determinate not only the best timing to begin a new property development, but also to determine the optimal density to develop in a specific p...
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| Format: | Article |
| Language: | English |
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Brazilian Society of Finance
2003-06-01
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| Series: | Revista Brasileira de Finanças |
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| Online Access: | http://virtualbib.fgv.br/ojs/index.php/rbfin/article/view/1125 |