Endogenizing the Reservation Value in Models of Land Development over Time and Under Uncertainty Revisited

Author:

Batabyal Amitrajeet A.,Biswas Basudeb

Publisher

Springer Nature Singapore

Reference22 articles.

1. Arnott RJ, Lewis FD (1979) The transition of land to urban use. J Polit Econ 87:161–169

2. Arrow KJ, Chang SSL (1970) Optimal pricing, use, and exploration of uncertain natural resource stocks. In: Liu PT (ed) Dynamic optimization and mathematical economics. Plenum Press, New York

3. Barnard CH, Butcher WR (1989) Landowner characteristics: a basis for locational decisions in the urban fringe. Am J Agric Econ 71:679–684

4. Batabyal AA (2003) Time invariant decision rules and land development: a dynamic and stochastic analysis. Can J Reg Sci 26:39–47

5. Batabyal AA (2004) Alternate decision rules, the flexibility premium, and land development over time and under uncertainty. Stoch Env Res Risk A 18:141–146

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