1Capozza D R, Helsley R W. The stochastic city [J]. Journal of urban Economics, 1990, (02).
2Ooi J T L, Sirmans C F, Turnbull G K. The option value of vacant land [R]. Urban and Regional Analysis Group of Department of Economics Georgia State Universi- ty, 2006.
4Tsekrekos A E, Kanoutos G. Real options premia implied from recent transactions in the Greek real estate market [J]. The Journal of Real Estate Finance and Eco- nomics, 2013, (01).
6Black F, Scholes M. The pricing of options and cor- porate liabilities[J]. The Journal of political economy, 1973, (03).
7Rosenthal S S. Residential buildings and the cost of construction: New evidence on the efficiency of the housing market [J]. Review of Economics and Statistics, 1999, (02).
8Davis M A, Heathcote J. The price and quantity of residential land in the United States[J]. Journal of Monetary Economics, 2005, (08).
9Robert C. Merton. Theory of Rational Option Pric- ing [J]. Bell Journal of Economics and Management Science, 1973, (01).
7Clayton, Jim, 1996, "Rational Expectations, Market Fundamentals and Housing Price Volatility", Journal of Real Estate Economics, Vol. 24, 4, pp.441--470.
8Easterlin, Richard A., 1966, "Economic-Demographic Interactions and Long Swings in Economic Growth", America Econonic Review, Vol. 56, pp. 1063--1104.
9Fluff, R., and E. Speemdli, 1987, "Rationality of Consumers'Price Expectations- Empirical Tests using Swiss Qualitative Survey Data", paper presented to 18th CIRET Conference.
10Gall, Jordi and Mark Gertler, 1999, "Inflation Dynamics : A Structural Econometric Approach", Journal of Monetary Economics, Vol. 44, 2, pp. 195--222.