A REAL OPTIONS AND FUZZY DELPHI-BASED APPROACH FOR APPRAISING THE EFFECT OF AN URBAN INFRASTRUCTURE ON SURROUNDING LANDS

2009 ◽  
Vol 14 (02) ◽  
Author(s):  
N. Costantino ◽  
M. d'Amato ◽  
R. Pellegrino
2017 ◽  
Vol 143 ◽  
pp. 40-50 ◽  
Author(s):  
Kyeongseok Kim ◽  
Sooji Ha ◽  
Hyoungkwan Kim

2016 ◽  
Vol 22 (7) ◽  
pp. 954-966 ◽  
Author(s):  
Qingpeng MAN ◽  
Chengshuang SUN ◽  
Yuesheng FEI ◽  
Martin SKITMORE ◽  
Yong BAI ◽  
...  

Governments usually guarantee the amount of investment income to private sector partners to encourage their participation in Public-Private Partnership urban infrastructure development projects, with the ‘float return on investment guarantee’ being the main method in use by the Chinese government today. The current problems with the float return on investment guarantee are analysed and a guarantee approach with embedded motivatio nal behaviour is presented as an alternative. A pricing method option is then introduced as the motivation-embedded return guarantee has similar charac­teristics to real options. From this, a valuation model is developed that provides the basis of a new systematic method for calculating the government guarantee value.


2012 ◽  
Vol 1 (4) ◽  
pp. 51-54
Author(s):  
Jay B Thakar ◽  
◽  
Vinesh Agrawal

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