Showing 21 - 30 of 620,519
Persistent link: https://www.econbiz.de/10014281588
The aim of this paper is to compare various real estate valuation models and the manner in which they take into account environmental variables.
Persistent link: https://www.econbiz.de/10005634274
arising from the interactions of the operating and strategic flexibility during the course of a project. Option pricing theory … options that may create added value to the project. A binomial option pricing model is proposed that estimates the potential …
Persistent link: https://www.econbiz.de/10014898032
Real estate developers often operate in oligopolistic environments. Pricing strategies must be made in an interactive … bidding for land and pricing the end product is examined. The results indicate that competitor actions are important … considerations in pricing decisions. In particular, the profit maximizing pricing strategy depends critically on being competitive …
Persistent link: https://www.econbiz.de/10014898043
This paper examines commonly used property price indices in several Commonwealth countries. It finds that many of the measures may be flawed owing to two issues relating to the index construction methodology: the quality change problem and the choice of an index number algorithm. Using data that...
Persistent link: https://www.econbiz.de/10014898059
traditional hedonic pricing method as well as the option model modified from Quigg. The results are compared to deduce whether …
Persistent link: https://www.econbiz.de/10014898133
Purpose – The purpose of this paper is to provide evidence for the ongoing significant underpricing of European property IPOs. Design/methodology/approach – The paper provides recent evidence on underpricing for a comprehensive data set of 105 IPOs of European property companies. It starts...
Persistent link: https://www.econbiz.de/10014898208
The implicit prices of housing characteristics concerning the physical structure, location, environment and the risk of construction quality in China are examined in this paper. The hedonic price model with uncertainty of construction quality is adopted. Data is collected from the Beijing...
Persistent link: https://www.econbiz.de/10014971539
Purpose – This paper aims to find out whether lagging problems exist within Hong Kong's office values. Design/methodology/approach – A State Space Model with the Kalman filter is deployed in detecting the extent of lagging errors in Hong Kong's office price indices, proffered by the ratings...
Persistent link: https://www.econbiz.de/10014971689
are grouped according to the total amenity bundle offered by each neighborhood. Hedonic pricing, hazard modeling, and two …
Persistent link: https://www.econbiz.de/10014971726