Real option analysis. The viability of real estate projects

Traditional methods used for real estate project valuation, such as the static Net Present Value, have some limitations, as these methods do not consider the possibility of a change in the initial conditions of the project or during its development. On the other hand, the real options approach allow...

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Bibliographic Details
Main Authors: Alberto Munoz Cabanes, Alfonso Herrero de Egana, Arturo Romero
Format: Article
Language:English
Published: LLC "CPC "Business Perspectives" 2020-12-01
Series:Investment Management & Financial Innovations
Subjects:
Online Access:https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/14343/IMFI_2020_04_Cabanes.pdf