Understanding land idling as a strategic behaviour: a brief note using the real options approach

One possible explanation for land idling in a rapidly transforming economy can be found by looking at the value of the option to wait and hysteresis behaviour in the land market. If investors assume that the drop is temporary and that its long term prospects outweigh current holding losses, the mark...

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Bibliographic Details
Main Author: Khalid, Haniza
Format: Article
Language:English
English
Published: Malaysian Institute of Planners 2016
Subjects:
Online Access:http://irep.iium.edu.my/53613/1/180-356-1-SM.pdf
http://irep.iium.edu.my/53613/7/53613_Understanding%20land%20idling_SCOPUS.pdf
http://irep.iium.edu.my/53613/
http://www.planningmalaysia.org/index.php/pmj/article/view/180/174
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