Speculative behavior in vacant land development: evidence for real options in Malaysia
The development of vacant land may be seen from a real options perspective—owners of vacant land have the incentive to delay developing the land and keep their options open (keep the lands undeveloped) if they believe that future development will yield higher value. We investigate whether there is...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English English English |
| Published: |
Wiley
2018
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/67918/ http://irep.iium.edu.my/67918/ http://irep.iium.edu.my/67918/ http://irep.iium.edu.my/67918/1/Zaim%20et%20al%202018%20%28Developing%20Economies%29.pdf http://irep.iium.edu.my/67918/12/67918_Zaim%20et%20al%202018%20%28Developing%20Economies%29_scopus.pdf http://irep.iium.edu.my/67918/17/67918%20Speculative%20Behavior%20in%20Vacant%20Land%20Development%20WOS.pdf |