Risk Analysis in Land Development
研究了土地开发(尤其是大规模细分开发)的风险特性,指出关键变量间存在相关性,需在模拟中明确处理,并通过案例展示了风险分析方法的应用。
Land development poses a different set of risks from income‐producing property. This paper explores the nature of land development risk with particular reference to large‐scale subdivision development. Because several major variables in land development analysis are correlated, meaningful risk analysis requires that intercorrelation be explicitly recognized and incorporated into simulations. A case study is presented which demonstrates the application of risk analysis to land development and the handling of intercorrelation among random variables.