Optimal Investment Timing and Size of a Logistics Park: A Real Options Perspective
This paper uses a real options approach to address optimal timing and size of a logistics park investment with logistics demand volatility. Two important problems are examined: when should an investment be introduced, and what size should it be? A real option model is proposed to explicitly incorpor...
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| Main Authors: | Dezhi Zhang, Jiehui Jiang, Shuangyan Li, Xiamiao Li, Qingwen Zhan |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Wiley
2017-01-01
|
| Series: | Complexity |
| Online Access: | http://dx.doi.org/10.1155/2017/2813816 |
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