Real Options and Urban Land Values: A Review of the Literature

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Date Published 2013
Primary Author Kiplan S. Womack
Other Authors
Theme Housing Market Analysis


This critical analysis contributes to a better understanding of urban land values by unifying the real option and redevelopment decision literatures within a broader context of real estate valuation. By combining these heretofore disparate literatures in this way, both academics and practioners should find the analysis relevant to their own real estate studies or investment decisions.

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