Xi Chen

University of Reading - ICMA Centre

Whiteknights Park

P.O. Box 242

Reading RG6 6BA

United Kingdom

University of Sussex - School of Business, Management and Economics

Falmer, Brighton BN1 9SL

United Kingdom

SCHOLARLY PAPERS

2

DOWNLOADS

378

CITATIONS

0

Scholarly Papers (2)

1.

A General Approach to Real Option Valuation with Application to Real Estate Investments

University of Reading, ICMA Centre Discussion Paper No. DP2012-04
Number of pages: 43 Posted: 25 Jan 2012 Last Revised: 28 Feb 2013
Carol Alexander and Xi Chen
University of Sussex - School of Business, Management and Economics and University of Reading - ICMA Centre
Downloads 247 (88,043)

Abstract:

CARA, CRRA, certain equivalent, development, divestment, displaced log utility, exponential utility, HARA, investment, mean-reversion, property boom, real option, risk aversion, risk tolerance

2.

Risk-Adjusted Valuation of the Real Option to Invest

Number of pages: 30 Posted: 01 Mar 2013 Last Revised: 10 Mar 2015
University of Sussex - School of Business, Management and Economics, University of Reading - ICMA Centre and University of Reading
Downloads 72 (244,083)

Abstract:

Cost of capital, discount rate, hedging, idiosyncratic risk, implied return, required return