Matches in SemOpenAlex for { <https://semopenalex.org/work/W3123954549> ?p ?o ?g. }
Showing items 1 to 87 of
87
with 100 items per page.
- W3123954549 abstract "Many studies have examined the effects of land use regulations on land prices and urban spatial form. Increasingly, jurisdictions have adopted incentive based mechanisms, such as purchase of development rights (PDR) programs, to manage the pace and pattern of urban growth and the conversion of agricultural land. PDR programs provide a third option to landowners in urbanizing areas: in addition to deciding whether to develop or not, landowners can decide whether to preserve their land. To our knowledge no studies have explored how the existence of an option to participate in a PDR program affects landowners' development decisions. This research provides empirical evidence of a previously untested prediction of real options theory: that additional options increase the value of waiting to make irreversible decisions. Our paper considers how an additional land use alternative, preservation, conveys a different type of option value and how that option affects the optimal conversion time. We estimate a hazard model and find significant evidence that the option to enter an easement decreases the hazard rate of development by about 40%. The results suggest that PDR programs can provide additional open space and amenity values beyond what is provided on preserved parcels, by delaying development (by at least a few years) of parcels that are not actually preserved." @default.
- W3123954549 created "2021-02-01" @default.
- W3123954549 creator A5046645237 @default.
- W3123954549 creator A5079922931 @default.
- W3123954549 creator A5088061223 @default.
- W3123954549 date "2005-01-01" @default.
- W3123954549 modified "2023-09-27" @default.
- W3123954549 title "An Empirical Examination of Real Options and the Timing of Land Conversions" @default.
- W3123954549 hasPublicationYear "2005" @default.
- W3123954549 type Work @default.
- W3123954549 sameAs 3123954549 @default.
- W3123954549 citedByCount "0" @default.
- W3123954549 crossrefType "posted-content" @default.
- W3123954549 hasAuthorship W3123954549A5046645237 @default.
- W3123954549 hasAuthorship W3123954549A5079922931 @default.
- W3123954549 hasAuthorship W3123954549A5088061223 @default.
- W3123954549 hasConcept C10138342 @default.
- W3123954549 hasConcept C119857082 @default.
- W3123954549 hasConcept C127413603 @default.
- W3123954549 hasConcept C13280743 @default.
- W3123954549 hasConcept C144133560 @default.
- W3123954549 hasConcept C147176958 @default.
- W3123954549 hasConcept C162324750 @default.
- W3123954549 hasConcept C17206440 @default.
- W3123954549 hasConcept C175444787 @default.
- W3123954549 hasConcept C175605778 @default.
- W3123954549 hasConcept C17744445 @default.
- W3123954549 hasConcept C179530779 @default.
- W3123954549 hasConcept C199539241 @default.
- W3123954549 hasConcept C205649164 @default.
- W3123954549 hasConcept C2776291640 @default.
- W3123954549 hasConcept C2777526511 @default.
- W3123954549 hasConcept C2778362435 @default.
- W3123954549 hasConcept C2780973918 @default.
- W3123954549 hasConcept C29122968 @default.
- W3123954549 hasConcept C2993581349 @default.
- W3123954549 hasConcept C41008148 @default.
- W3123954549 hasConcept C4792198 @default.
- W3123954549 hasConceptScore W3123954549C10138342 @default.
- W3123954549 hasConceptScore W3123954549C119857082 @default.
- W3123954549 hasConceptScore W3123954549C127413603 @default.
- W3123954549 hasConceptScore W3123954549C13280743 @default.
- W3123954549 hasConceptScore W3123954549C144133560 @default.
- W3123954549 hasConceptScore W3123954549C147176958 @default.
- W3123954549 hasConceptScore W3123954549C162324750 @default.
- W3123954549 hasConceptScore W3123954549C17206440 @default.
- W3123954549 hasConceptScore W3123954549C175444787 @default.
- W3123954549 hasConceptScore W3123954549C175605778 @default.
- W3123954549 hasConceptScore W3123954549C17744445 @default.
- W3123954549 hasConceptScore W3123954549C179530779 @default.
- W3123954549 hasConceptScore W3123954549C199539241 @default.
- W3123954549 hasConceptScore W3123954549C205649164 @default.
- W3123954549 hasConceptScore W3123954549C2776291640 @default.
- W3123954549 hasConceptScore W3123954549C2777526511 @default.
- W3123954549 hasConceptScore W3123954549C2778362435 @default.
- W3123954549 hasConceptScore W3123954549C2780973918 @default.
- W3123954549 hasConceptScore W3123954549C29122968 @default.
- W3123954549 hasConceptScore W3123954549C2993581349 @default.
- W3123954549 hasConceptScore W3123954549C41008148 @default.
- W3123954549 hasConceptScore W3123954549C4792198 @default.
- W3123954549 hasLocation W31239545491 @default.
- W3123954549 hasOpenAccess W3123954549 @default.
- W3123954549 hasPrimaryLocation W31239545491 @default.
- W3123954549 hasRelatedWork W1516373952 @default.
- W3123954549 hasRelatedWork W1531025598 @default.
- W3123954549 hasRelatedWork W1607872503 @default.
- W3123954549 hasRelatedWork W1979247139 @default.
- W3123954549 hasRelatedWork W2025949084 @default.
- W3123954549 hasRelatedWork W2031916616 @default.
- W3123954549 hasRelatedWork W2036290045 @default.
- W3123954549 hasRelatedWork W2045297757 @default.
- W3123954549 hasRelatedWork W2085410754 @default.
- W3123954549 hasRelatedWork W2105086617 @default.
- W3123954549 hasRelatedWork W2112113332 @default.
- W3123954549 hasRelatedWork W2361832944 @default.
- W3123954549 hasRelatedWork W2372558326 @default.
- W3123954549 hasRelatedWork W2377610762 @default.
- W3123954549 hasRelatedWork W2612977664 @default.
- W3123954549 hasRelatedWork W2745186770 @default.
- W3123954549 hasRelatedWork W2911765643 @default.
- W3123954549 hasRelatedWork W3121682157 @default.
- W3123954549 hasRelatedWork W3122009167 @default.
- W3123954549 hasRelatedWork W3147121819 @default.
- W3123954549 isParatext "false" @default.
- W3123954549 isRetracted "false" @default.
- W3123954549 magId "3123954549" @default.
- W3123954549 workType "article" @default.