Modeling Financial Surplus of the Housing Projects Developer
Open Access
- 30 September 2014
- journal article
- Published by Masaryk University Press in Financial Assets and Investing
- Vol. 5 (3), 21-37
- https://doi.org/10.5817/fai2014-3-2
Abstract
Recent events taking place on the housing project market provide a strong impetus to the study of risk in housing project development. This issue is important not only from the point of view of the developer but also his client. This paper proposes a dynamic model of the financial surplus process. The model takes into account the structure of the credit payments, and the random nature of the real estate sale process (compound Poisson processKeywords
This publication has 5 references indexed in Scilit:
- FEASIBILITY ANALYSIS MODEL FOR DEVELOPER-PROPOSED HOUSING PROJECTS IN THE REPUBLIC OF KOREAJOURNAL OF CIVIL ENGINEERING AND MANAGEMENT, 2012
- Occupation Times of Jump-Diffusion Processes with Double Exponential Jumps and the Pricing of OptionsMathematics of Operations Research, 2010
- Optimal investment strategy to minimize occupation timeAnnals of Operations Research, 2008
- Applied Stochastic Processes and Control for Jump-Diffusions: Modeling, Analysis and ComputationPublished by Society for Industrial & Applied Mathematics (SIAM) ,2007
- A flexible heuristic for a multi-mode capital constrained project scheduling problem with probabilistic cash inflowsComputers & Operations Research, 1997