Items with Index Term: real option

Asao, K; Miyamoto, T; Kato, H and Diaz, C E D (2013) Comparison of revenue guarantee programs in build-operation-transfer projects. Built Environment Project and Asset Management, 3(2), pp. 214-227. ISSN 2044-124X

Ashuri, B; Kashani, H; Molenaar, K R; Lee, S and Lu, J (2012) Risk-neutral pricing approach for evaluating BOT highway projects with government minimum revenue guarantee options. Journal of Construction Engineering and Management, 138(4), pp. 545-557. ISSN 0733-9364

Ashuri, B; Lu, J and Kashani, H (2011) A real options framework to evaluate investments in toll road projects delivered under the two-phase development strategy. Built Environment Project and Asset Management, 1(1), pp. 14-31. ISSN 2044-124X

Attarzadeh, M (2014) Negotiation-based risk management for PPP-BOT infrastructure projects. PhD thesis, National University of Singapore, Singapore.

Attarzadeh, M; Chua, D K H; Beer, M and Abbott, E L S (2017) Options-based negotiation management of PPP-BOT infrastructure projects. Construction Management and Economics, 35(11-12), pp. 676-692. ISSN 0144-6193

Ayodele, T O (2022) Factors influencing the adoption of real option analysis in RED appraisal: An emergent market perspective. International Journal of Construction Management, 22(6), pp. 1042-1052. ISSN 1562-3599

Bastian-Pinto, C. L.; Brandão, L. E.; Stanganello, A.; Pellegrino, R. and Marques, N. L. (2026) Assessing the role of term extension clauses in mitigating disruptive events in infrastructure concessions. Construction Management and Economics, 44(6), pp. 412-429. ISSN 0144-6193

Brandao, L E T and Saraiva, E (2008) The option value of government guarantees in infrastructure projects. Construction Management and Economics, 26(11), pp. 1171-1180. ISSN 1466433X

Bu, Z; Liu, J and Lu, Z (2025) Research on dynamic profit distribution mechanism and options in PPP project value creation. Journal of Construction Engineering and Management, 151(12): 04025190, ISSN 0733-9364

Buyukyoran, F and Gundes, S (2018) Optimized real options-based approach for government guarantees in PPP toll road projects. Construction Management and Economics, 36(4), pp. 203-216. ISSN 01446193

Carbonara, N; Costantino, N and Pellegrino, R (2014) Revenue guarantee in public-private partnerships: A fair risk allocation model. Construction Management and Economics, 32(4), pp. 403-415. ISSN 01446193

Carbonara, N and Pellegrino, R (2018) Revenue guarantee in public-private partnerships: A win–win model. Construction Management and Economics, 36(10), pp. 584-598. ISSN 01446193

Chau, K W; Lai, L W C; Liang, J; Ng, F F and Wong, K T (2021) The negative impact of public sector-led redevelopment projects on the prices of old and new housing units in high density urban areas. International Journal of Construction Management, 21(11), pp. 1156-1164. ISSN 1562-3599

Cheah, C Y J and Liu, J (2005) Real option evaluation of complex infrastructure projects: The case of dabhol power. Journal of Financial Management of Property and Construction, 10(1), pp. 55-68. ISSN 1366-4387

Cheah, C Y J and Liu, J (2006) Valuing governmental support in infrastructure projects as real options using Monte Carlo simulation. Construction Management and Economics, 24(5), pp. 545-554. ISSN 1466433X

Chiara, N (2006) Real option methods for improving economic risk management in infrastructure project finance. PhD thesis, Columbia University, USA.

Chritamara, S (2017) An application of the real option framework to large infrastructure projects: evidence for Thailand's transportation system. PhD thesis, University of Newcastle upon Tyne, UK.

Cieraad, F D; Schraven, D F J and de Bruijne, M L C (2018) Investments under pressure: A real options approach to prepare for emergency asylum shelter in a multi actor setting. In: Gorse, C and Neilson, C J (eds.) Proceedings of 34th Annual ARCOM Conference, 3-5 September 2018, Queen’s University, Belfast, UK.

Cui, Q; Johnson, P; Quick, A and Hastak, M (2008) Valuing the warranty ceiling clause on New Mexico Highway 44 using a binomial lattice model. Journal of Construction Engineering and Management, 134(1), pp. 10-17. ISSN 0733-9364

Damnjanovic, I; Duthie, J and Waller, S T (2008) Valuation of strategic network flexibility in development of toll road projects. Construction Management and Economics, 26(9), pp. 979-990. ISSN 1466433X

Di Maddaloni, F (2018) Stakeholder inclusiveness in megaprojects: Managing the locals for sustainable developments. PhD thesis, Kingston University, UK.

Doan, P and Menyah, K (2013) Impact of irreversibility and uncertainty on the timing of infrastructure projects. Journal of Construction Engineering and Management, 139(3), pp. 331-338. ISSN 0733-9364

Easson, Michael Bernard (2016) The application of a theory of real options (tro) to the decision-making of mega urban transport projects (mutps). PhD thesis, University of Melbourne, Australia.

Ekström, M A and Björnsson, H C (2005) Valuing flexibility in architecture, engineering, and construction information technology investments. Journal of Construction Engineering and Management, 131(4), pp. 431-438. ISSN 0733-9364

Esders, M C (2017) Consideration of uncertain future demand and decision flexibility in the determination of intervention programs for buildings. DSc thesis, ETH Zürich, Switzerland.

Esmaeeli, A N and Heravi, G (2019) Real options approach versus conventional approaches to valuing highway projects under uncertainty. Journal of Construction Engineering and Management, 145(11): 04019068, ISSN 0733-9364

Espinoza, D and Morris, J W F (2013) Decoupled NPV: A simple, improved method to value infrastructure investments. Construction Management and Economics, 31(5), pp. 471-496. ISSN 1466433X

Espinoza, D; Rojo, J; Cifuentes, A and Morris, J (2020) DNPV: A valuation methodology for infrastructure and capital investments consistent with prospect theory. Construction Management and Economics, 38(3), pp. 259-274. ISSN 01446193

Espinoza, R D (2011) Contingency estimating using option pricing theory: Closing the gap between theory and practice. Construction Management and Economics, 29(9), pp. 913-927. ISSN 1466433X

Fawcett, W; Hughes, M; Krieg, H; Albrecht, S and Vennström, A (2012) Flexible strategies for long-term sustainability under uncertainty. Building Research & Information, 40(5), pp. 545-557. ISSN 0961-3218

Fitch, G J (2019) System dynamics models for the valuation of real options in infrastructure investments. PhD thesis, Columbia University, USA.

Ford, D N and Bhargav, S (2006) Project management quality and the value of flexible strategies. Engineering, Construction and Architectural Management, 13(3), pp. 275-289. ISSN 0969-9988

Ford, D N; Lander, D M and Voyer, J J (2002) A real options approach to valuing strategic flexibility in uncertain construction projects. Construction Management and Economics, 20(4), pp. 343-351. ISSN 01446193

Garvin, M J and Cheah, C Y J (2004) Valuation techniques for infrastructive investment decisions. Construction Management and Economics, 22(4), pp. 373-383. ISSN 01446193

Guo, K; Zhang, L and Wang, T (2021) Concession period optimisation in complex projects under uncertainty: A public-private partnership perspective. Construction Management and Economics, 39(2), pp. 156-172. ISSN 01446193

Guo, Y; Su, Y; Chen, C and Martek, I (2024) Inclusion of "managing flexibility" valuations in the pricing of PPP projects: A multi-objective decision-making method. Engineering, Construction and Architectural Management, 31(11), pp. 4562-4584. ISSN 0969-9988

Haj Kazem Kashani, H (2012) A real options model for the financial valuation of infrastructure systems under uncertainty. PhD thesis, Georgia Institute of Technology, USA.

Ho, S-P (2001) Real options and game theoretic valuation, financing and tendering for investments on build-operate-transfer projects. PhD thesis, University of Illinois at Urbana-Champaign, USA.

Holmes, S H and Reinhart, C F (2013) Assessing future climate change and energy price scenarios: Institutional building investment. Building Research & Information, 41(2), pp. 209-222. ISSN 0961-3218

Huang, Y L and Chou, S P (2006) Valuation of the minimum revenue guarantee and the option to abandon in BOT infrastructure projects. Construction Management and Economics, 24(4), pp. 379-389. ISSN 01446193

Huang, Y L and Lin, T C (2023) Compound deferrable options for the valuation of multi-stage infrastructure investment projects. Construction Management and Economics, 41(8), pp. 670-686. ISSN 01446193

Huang, Y L and Pi, C C (2014) Real-option valuation of build-operate-transfer infrastructure projects under performance bonding. Journal of Construction Engineering and Management, 140(5): 04013068, ISSN 0733-9364

Hui, E C M and Fung, H H K (2009) Real estate development as real options. Construction Management and Economics, 27(3), pp. 221-227. ISSN 1466433X

Iyer, K C and Sagheer, M (2011) A real options based traffic risk mitigation model for build-operate-transfer highway projects in India. Construction Management and Economics, 29(8), pp. 771-779. ISSN 1466433X

Juan, C and Olmos, F (2019) Public-private equity joint ventures and risk transfers in motorways of the sea. Built Environment Project and Asset Management, 9(5), pp. 669-682. ISSN 2044-124X

Jun, J B (2008) Valuation of governmental guarantee in BOT project finance with real option analysis. PhD thesis, Texas A&M University, USA.

Kashani, H; Ashuri, B; Shahandashti, S M and Lu, J (2015) Investment valuation model for renewable energy systems in buildings. Journal of Construction Engineering and Management, 141(2): 04014074, ISSN 0733-9364

Kim, B; Lim, H; Kim, H and Hong, T (2012) Determining the value of governmental subsidies for the installation of clean energy systems using real options. Journal of Construction Engineering and Management, 138(3), pp. 422-430. ISSN 0733-9364

Kokkaew, N and Chiara, N (2010) Modelling completion risk using stochastic critical path-envelope method: A BOT highway project application. Construction Management and Economics, 28(12), pp. 1239-1254. ISSN 1466433X

Lee, H W; Choi, K and Gambatese, J A (2014) Real options valuation of phased investments in commercial energy retrofits under building performance risks. Journal of Construction Engineering and Management, 140(6): 5014004, ISSN 0733-9364

Lee, S (2007) Entry decision for unsolicited build-operate-transfer (BOT) highway projects: Real options approach. PhD thesis, University of Colorado at Boulder, USA.

Li, D; Yu, L; Huang, G; Zhou, S; Feng, H and Wang, Y (2024) A real options-based investment-income valuation model for old community renewal projects in China. Engineering, Construction and Architectural Management, 31(11), pp. 4516-4537. ISSN 0969-9988

Li, S (2017) Modeling, optimizing, and impact analysis of incentive and regulation mechanisms in infrastructure privatization. PhD thesis, Purdue University, USA.

Liu, F; Wang, Y; Li, H and Zhou, X (2021) Influence of cooperative period of municipal PPPs on transaction cost: a case study. Engineering, Construction and Architectural Management, 28(4), pp. 1261-1277. ISSN 0969-9988

Liu, J and Cheah, C Y J (2009) Real option application in PPP/PFI project negotiation. Construction Management and Economics, 27(4), pp. 331-342. ISSN 1466433X

Liu, S; Jin, H; Liu, C; Xie, B and Mills, A (2020) Government compensation and costs of non-competition guarantee for PPP rental retirement villages. Engineering, Construction and Architectural Management, 27(1), pp. 128-149. ISSN 0969-9988

Manocha, N (2018) Infrastructure investments under deep uncertainty. PhD thesis, National University of Singapore, Singapore.

Marques, N L; Bastian-Pinto, C D L and Brandão, L E T (2021) Crossing the Brownian Bridge: Valuing infrastructure capacity expansion policies as real options. Construction Management and Economics, 39(3), pp. 261-276. ISSN 01446193

Mattar, M H and Cheah, C Y J (2006) Valuing large engineering projects under uncertainty: Private risk effects and real options. Construction Management and Economics, 24(8), pp. 847-860. ISSN 1466433X

Mayer, Z and Kazakidis, V (2007) Decision making in flexible mine production system design using real options. Journal of Construction Engineering and Management, 133(2), pp. 169-180. ISSN 0733-9364

Menassa, C; Pea Mora, F and Pearson, N (2010) Study of real options with exogenous competitive entry to analyze dispute resolution ladder investments in architecture, engineering, and construction projects. Journal of Construction Engineering and Management, 136(3), pp. 377-390. ISSN 0733-9364

Menassa, C C (2009) Quantitative framework to evaluate alternative dispute resolution investments in architecture engineering and construction projects using option and real option theory. PhD thesis, University of Illinois at Urbana-Champaign, USA.

Menassa, C C; Mora, F P and Pearson, N (2009) Option pricing model to analyze cost-benefit trade-offs of adr investments in AEC projects. Journal of Construction Engineering and Management, 135(3), pp. 156-168. ISSN 0733-9364

Mintah, K; Higgins, D and Callanan, J (2018) A real option approach for the valuation of switching output flexibility in residential property investment. Journal of Financial Management of Property and Construction, 23(2), pp. 133-151. ISSN 1366-4387

Mintah, Kwabena (2019) Is there value in waiting? An empirical study of real options application to Australian property developments. PhD thesis, RMIT University, Australia.

Moorhead, Matthew (2019) Feasibility analysis in the pre-commitment stages of the property development process: An examination of uncertainty, risk and heuristic bias in management decision making Processes During the Pre‐commitment Stages of the Property Development Process in Australia. PhD thesis, Bond University, Australia.

Naji Almassi, A (2011) Credit value adjusted real options based valuation of multiple-exercise government guarantees for infrastructure projects. PhD thesis, University of Toronto, Canada.

Ng, F P and Björnsson, H C (2004) Using real option and decision analysis to evaluate investments in the architecture, construction and engineering industry. Construction Management and Economics, 22(5), pp. 471-482. ISSN 01446193

Ng, F P; Björnsson, H C and Chiu, S S (2004) Valuing a price cap contract for material procurement as a real option. Construction Management and Economics, 22(2), pp. 141-150. ISSN 01446193

Nik Bakht, M (2015) Analyzing social network discussions of infrastructure projects: towards a bottom-up decision making environment. PhD thesis, University of Toronto, Canada.

Nordvik, V and Lisø, K R (2004) A primer on the building economics of climate change. Construction Management and Economics, 22(7), pp. 765-775. ISSN 01446193

Park, T; Kim, B and Kim, H (2013) Real option approach to sharing privatization risk in underground infrastructures. Journal of Construction Engineering and Management, 139(6), pp. 685-693. ISSN 0733-9364

Park, T i (2009) A comprehensive asset management system for sewer infrastructures. PhD thesis, Pennsylvania State University, USA.

Pellegrino, R; Carbonara, N and Costantino, N (2019) Public guarantees for mitigating interest rate risk in PPP projects. Built Environment Project and Asset Management, 9(2), pp. 248-261. ISSN 2044-124X

Pellegrino, R; Ranieri, L; Costantino, N and Mummolo, G (2011) A real options-based model to supporting risk allocation in price cap regulation approach for public utilities. Construction Management and Economics, 29(12), pp. 1197-1207. ISSN 1466433X

Pellegrino, R; Vajdic, N and Carbonara, N (2013) Real option theory for risk mitigation in transport PPPs. Built Environment Project and Asset Management, 3(2), pp. 199-213. ISSN 2044-124X

Pudney, Steven Grant (2010) Asset renewal decision modelling with application to the water utility industry. PhD thesis, Queensland University of Technology, Australia.

Ribeiro, J A N P (2013) Essays on the use of real options approach in construction projects and build-own-transfer projects. PhD thesis, Universidade do Porto, Portugal.

Schneider, K (2023) Three essays on investment-based asset pricing. PhD thesis, University of Manchester, UK.

Shan, L; Garvin, M J and Kumar, R (2010) Collar options to manage revenue risks in real toll public-private partnership transportation projects. Construction Management and Economics, 28(10), pp. 1057-1069. ISSN 1466433X

Sing, T-F (2002) Irreversibility and uncertainty in property investment. Journal of Financial Management of Property and Construction, 7(1), pp. 17-29. ISSN 1366-4387

Sun, H; Wang, Y and Meng, J (2019) A trading and pricing method of expansion options for BOT freeway projects in China. Engineering, Construction and Architectural Management, 26(7), pp. 1406-1423. ISSN 0969-9988

Taheriattar, Reza (2018) Sustainability and adaptable/flexible infrastructure. PhD thesis, University of New South Wales, Australia.

Tang, W; Cui, Q; Zhang, F and Chen, Y (2019) Urban rail-transit project investment benefits based on compound real options and trapezoid fuzzy numbers. Journal of Construction Engineering and Management, 145(1): 05018016, ISSN 0733-9364

Taylor, M D (2003) Economic appraisal and risk analysis of construction automation. PhD thesis, Edinburgh Napier University, UK.

Taylor, M D and Wamuziri, S C (2002) Strategic construction mechatronics valuation: A real option-pricing approach. Journal of Financial Management of Property and Construction, 7(2), pp. 75-90. ISSN 1366-4387

Taylor, M D; Wamuziri, S C and Smith, I G N (2001) Strategic mechatronics investment: Understanding the managerial options. In: Akintoye, A (ed.) Proceedings of 17th Annual ARCOM Conference, 5-7 September 2001, Salford, UK.

Thompson Jr., R C (2012) Risk measurement, allocation, and pricing in network schedule systems. PhD thesis, Catholic University of America, USA.

Tsai, M-T (2008) Real option-based procurement for transportation services. PhD thesis, University of California, Irvine, USA.

Tseng, C L; Zhao, T and Fu, C C (2009) Contingency estimation using a real options approach. Construction Management and Economics, 27(11), pp. 1073-1087. ISSN 1466433X

Ustun, F S; Bilgin, G and Akcay, E C (2024) Real options valuation of solar energy projects: A systematic review. In: Thomson, C (ed.) Proceedings of 40th Annual ARCOM Conference, 2-4 September 2024, London South Bank University, UK.

Vahdatmanesh, M; Firouzi, A and Rotimi, J O B (2022) Real options analysis of revenue risk sharing in post-disaster housing reconstruction. Journal of Financial Management of Property and Construction, 27(3), pp. 281-305. ISSN 1366-4387

Van Reedt Dortland, M; Voordijk, H and Dewulf, G (2013) Real options in project coalitions in Dutch health care: Two case studies of construction projects. Construction Management and Economics, 31(3), pp. 266-286. ISSN 1466433X

Vimpari, J and Junnila, S (2016) Theory of valuing building life-cycle investments. Building Research & Information, 44(4), pp. 345-357. ISSN 0961-3218

Wang, K (2017) Real options models for better investment decisions in road infrastructure under demand uncertainty. PhD thesis, University of California, Irvine, USA.

Xiong, W (2015) A study of renegotiation and early termination in public private partnerships projects. PhD thesis, Hong Kong University of Science and Technology, Hong Kong.

Xiong, W and Zhang, X (2016) The real option value of renegotiation in public-private partnerships. Journal of Construction Engineering and Management, 142(8): 4016021, ISSN 0733-9364

Zapata Quimbayo, C A and Mejía Vega, C A (2023) Credit risk in infrastructure PPP projects under the real options approach. Construction Management and Economics, 41(4), pp. 293-306. ISSN 01446193

Zapata Quimbayo, C A; Mejía Vega, C A and Marques, N L (2019) Minimum revenue guarantees valuation in PPP projects under a mean reverting process. Construction Management and Economics, 37(3), pp. 121-138. ISSN 01446193

van den Boomen, M; Spaan, M T J; Schoenmaker, R and Wolfert, A R M (2019) Untangling decision tree and real options analyses: A public infrastructure case study dealing with political decisions, structural integrity and price uncertainty. Construction Management and Economics, 37(1), pp. 24-43. ISSN 01446193

van den Boomen, M; Spaan, M T J; Shang, Y and Wolfert, A R M (2020) Infrastructure maintenance and replacement optimization under multiple uncertainties and managerial flexibility. Construction Management and Economics, 38(1), pp. 91-107. ISSN 01446193