Now showing items 1-2 of 2

    • Economic Fundamentals, Capital Expenditures and Asset Dispositions 

      Ambrose, Brent; Steiner, Eva (2019-02-14)
      The real estate literature recognizes the real option to invest in capital expenditures (CAPEX) or sell a property but treats these options as independent. We show that these real options are interconnected. We provide ...
    • Economic Fundamentals, Capital Expenditures and Asset Dispositions 

      Ambrose, Brent; Steiner, Eva (2017-09-20)
      Research on the disposition effect in real assets to date ignores the active management component of these investments. Active management notably includes decisions about follow-up investment in the form of capital ...