Keywords: Real option theory
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Journal Articles
Engineering, Construction and Architectural Management (2021) 28 (4): 1261–1277.
Published: 12 August 2020
.../approach A model that combines real option theory and the concept of prospect theory is proposed in the study. Three municipal road PPP projects published by China Public Private Partnerships Center are selected as cases. The data of these cases are analyzed based on the model established. Findings...

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