An Equilibrium Analysis of Real Estate
收藏NBER2003-02-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w9475
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资源简介:
This paper provides a unified equilibrium approach to valuing a wide variety of commercial real estate lease contracts. Using a game-theoretic variant of real options analysis, the underlying real estate asset market is modeled as a continuous-time Nash equilibrium in which developers make
提供机构:
美国国家经济研究局
创建时间:
2003-02-01



