Sridhar, Usha; Mandyam, Sridhar - In: The Journal of Real Estate Finance and Economics 47 (2013) 3, pp. 466-488
the actuarial Risk Exchange concept in the Insurance industry, can be fruitfully applied to the land assembly problem … monetary payment in exchange for land – a business transaction most often referred to in the literature as the problem of land … assembly. To avoid the holdout problem which is a typical consequence of such negotiations necessitates a good pricing strategy …