Cortelezzi, Flavia; Giannoccolo, Pierpaolo; Villani, … - In: The IUP Journal of Financial Economics IX (2011) 4, pp. 7-27
The aim of this paper is to analyze the equilibrium strategies of two developers in the real estate market, when demands are asymmetric. In particular, the paper considers three key features of the real estate market. First, the cost of redeveloping a building is, at least partially,...
