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Keywords: Option pricing model
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Journal Articles
Option effect of land transfer by city governments: a case study of Hangzhou
Available to Purchase
Journal of Property Investment & Finance (2021) 39 (6): 510–524.
Published: 11 December 2020
...Ling Zhang; Minghui Zheng; Zheyan Zhang Purpose This paper aims to study the impact of land options on the land transfer behaviour of Chinese city governments. Design/methodology/approach Based on the institutional environment of Hangzhou, China, the option pricing model is used to measure...
