2Bulan, Mayer & Somerville ( 2009 ) ," Irreversible investment, real options, and competition: Evidence from real estate development", Journal of Urban Economics 65(3): 237-251.
3Capozza & Li (2001), "Residential investment and interest rates: An empirical test of land development as a real op-tion", Real Estate Economics 29(3) : 503- 519.
4Capozza & Sick(1994), "The risk structure of land mar kets", Journal of Urban Economics 35(3):297-319.
5Dunne & Mu(2008), "Investment spikes and uncertainty in the petroleum refining industry", Working Paper 0805, Federal Reserve Bank of Cleveland.
6Kemna, A. G. Z. (1993), "Case studies on real options", Financial Management 22 (3) :259 - 270.
7Miles, W. (2009), "Irreversibility, uncertainty and housing investment", The Journal of Real Estate Finance and Economics 38(2) :173-182.
8Myers, S. C. (1984), "Finance theory and financial strategy interfaces", Strategic Management 14(1 ) : 126- 137.
9Pindyck, R. ( 1980)," Uncertainty and exhaustible resource markets", The Journal of Political Eeonomy 88(6) :1203-1225.
10Quigg, L. (1993), "Empirical testing of real option pricing models", Journal of Finance 48 (2) : 621 - 640.