THE FARMLAND VALUATION REVISITED
Empirical research is scarce concerning the dynamics of farmland markets which inspire the decision to sell farmlands. This paper explores the real option to postpone the sale of land in farmland valuation. In this article, a real options approach is used to analyze farmland prices behavior using...
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| Format: | Article |
| Language: | English |
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International Journal of Food and Agricultural Economics
2016-04-01
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| Series: | International Journal of Food and Agricultural Economics |
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| Online Access: | http://www.foodandagriculturejournal.com/vol4.no2.pp11.pdf |