全部 标题 作者
关键词 摘要

OALib Journal期刊
ISSN: 2333-9721
费用:99美元

查看量下载量

相关文章

更多...
iBusiness  2013 

Risk Decision Analysis of Commercial Real Estate

DOI: 10.4236/ib.2013.53B009, PP. 41-46

Keywords: Commercial Real Estate, Project Investment, Risk Benefit, Prospect Theory, Risk Decision

Full-Text   Cite this paper   Add to My Lib

Abstract:

With the increasing of construction of logistics parks, it is essential for commercial real estate project to study on risk decision to avoid redundant and blind construction. Based on risk essence, the paper analyses the attitude of investment decision-makers on risk benefits. Finally, the paper improves the expected utility theory and applies the prospect theory to risk decision of commercial real estate project to provide scientific and objective basis for Project Investment Decision.

References

[1]  J. M. Yao, “Benefit and Risk Decision of Supply Chain Resources Integration under 4PL,” Journal of Systems & Management, Vol. 20, No. 2, 2011, pp. 180-187.
[2]  H. Wang and Y. G. Wang, “Risk Decision-making of Engineering Project Based on Information Entropy,” Journal of Shenyang University of Technology (Social Science Edition), Vol. 4, No. 2, 2011, pp. 154-158.
[3]  W. M. Feng, J. Zhu and J. -M. Li, “The Application of Bayes Method to Real Risk Decision-making,” Journal of Chongqing Jianzhu University, Vol. 28, No. 2, 2006, pp. 111-114.
[4]  D. Kahneman, I. Ritov and D. Schkade, “Economic Preferences or Attitude Expressions,” Journal of Risk and Uncertainty, Vol. 19, 1999, pp. 203-235.
[5]  A. Tversky and R. Thaler, “Anomalies: Preference Reversals,” Journal of Economic Perspectives, Vol. 4, No. 2, 1990, pp. 87-197.
[6]  A. Tversky and D. Kahneman, “Advances in Prospect theory: Cumulative Representation of Uncertainty,” Journal of Risk and Uncertainty, Vol. 5, No. 11, 1992, pp. 297-323.
[7]  D. Kahneman, “New Challenges to the Rationality Assumption,” Journal of Institutional and Theoretical Economic, Vol. 150, No. 1, 1994, pp. 18-25.

Full-Text

Contact Us

service@oalib.com

QQ:3279437679

WhatsApp +8615387084133