Página 25 dos resultados de 1719 itens digitais encontrados em 0.046 segundos

‣ Housing with services for elderly half-dependent couples

Hodges, Raymond John, 1978-
Fonte: Massachusetts Institute of Technology Publicador: Massachusetts Institute of Technology
Tipo: Tese de Doutorado Formato: 112 p.; 6283757 bytes; 6297415 bytes; application/pdf; application/pdf
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The existing elderly housing continuum makes little provision for couples that pose very different levels of independence and do not have sufficient wealth to purchase home care. As a result, Elderly Half-Dependent Couples (EHDCs) are coping through strategies which could be harmful to both members of these couples. A number of innovative typologies and programs offer hope to EHDCs for a better solution. By learning from these models, original typologies that seek to better meet the demands of EHDCs can be established; the Senior Life Home is one such possibility. This hypothetical prototype affordably provides a complete continuum of care for elders in one apartment style unit, and is a worthwhile venture for developers who will find it easy to site. In order to develop these homes, Medicaid and senior housing regulations would have to adapt, as would government funding of senior housing. Future efforts on behalf of Elderly Half-Dependent Couples should seek to continue identifying new innovative solutions to the unique housing and service dilemmas they pose.; by Raymond John Hodges.; Thesis (M.C.P.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 2004.; Includes bibliographical references (p. 109-112).

‣ Do migrants transfer tacit knowledge? : the case of highly skilled Bangladeshi immigrants in the United States

Sultana, Moshahida
Fonte: Massachusetts Institute of Technology Publicador: Massachusetts Institute of Technology
Tipo: Tese de Doutorado Formato: 81 leaves; 3916871 bytes; 3920524 bytes; application/pdf; application/pdf
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Transfer of knowledge is a complex process. While codified knowledge is easy to transfer, tacit knowledge is not. "Tacit knowledge is difficult to exchange over long distance because it is heavily imbued with meaning arising from the social and institutional context in which it is produced, and this context specific nature makes it spatially sticky" (Gertler 2003). This thesis argues that there is certain tacit knowledge that migrants often transmit over long distances after customizing the knowledge to apply in different institutional settings. This thesis takes the example of Bangladesh, a country having an unfavorable socio- economic and institutional setting for receiving new technology, and explains how, despite the unfavorable conditions, some expatriates do transfer their knowledge to Bangladesh. Based on in-depth interviews with those expatriates creating the most impact in the economy of Bangladesh, the thesis shows that highly skilled Bangladeshi immigrants in the United States transfer tacit knowledge through building partnerships with individuals and organizations in Bangladesh. The thesis also finds that these partnerships are mostly based on trust, often coming from basic commonalities: same language, common "codes" of communication...

‣ German public real estate open-ended funds in Japan

Hayashi, Rokuhei
Fonte: Massachusetts Institute of Technology Publicador: Massachusetts Institute of Technology
Tipo: Tese de Doutorado Formato: 178 leaves; 3249187 bytes; 3248999 bytes; application/pdf; application/pdf
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The German real estate open-ended fund, a major indirect real estate investment vehicle for German individual investors, is now suffering a strong pressure of globalization from its investors because of the sluggish German domestic real estate market. In order to deal with such pressure, many funds have begun to invest in the US and now looking for opportunities in Asia, especially in Japan. For a German fund which is basically a core investor with a long-term investment horizon, the Japanese market fits its investment policy because of the maturity and stability. At the same time, the low correlation with its fatherland market and the currency hedge gain in Japan is worthy of special mention, along with the recovering market. However, many funds seem to encounter difficulties in acquiring Japanese properties. Among several reasons, the most significant problem is likely to be the problem of the accessibility to deal flows. Currently, many transactions are conducted among the limited market community of participants in Japan. Otherwise bidding requires a fairly high premium on the market consensus because of the small number of publicly available transactions. Nevertheless, some foreign investors have successfully acquired properties in Japan...

‣ Capitalization of energy efficient features into home values in the Austin, Texas real estate market

Amado, Antonio R
Fonte: Massachusetts Institute of Technology Publicador: Massachusetts Institute of Technology
Tipo: Tese de Doutorado Formato: 77 leaves
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Volatile and rising energy prices have made consumers aware of their opportunity costs for energy. Information on the cost-savings of energy efficient features in homes has not been well researched to date and is an option for consumers in the marketplace. The purpose of this thesis is to empirically investigate whether energy efficient features influence the sales price of Austin residential single-family homes. The data for this study comes from the Austin Board of Realtors multiple listing service database. The results should be applicable to other US cities with similar climate. This study examines over 800 single family residences in the Austin, Texas real estate market from 1998-2004. The dataset contains green and non-green rated homes as well as twelve energy features for homes. Log-Linear regression was used to explain the variation of sales price, while factor analysis was used to reduce the number of correlated energy variables into groups of factors. The results of the regression concluded that homes in the Austin metro area with efficient heating ventilation & air conditioning systems and controls sell for 4% more than homes without these features. Pricing of other related energy features commanded a price discount on the home.; (cont.) In conclusion...

‣ Out of the cell : exploring the framing of prisoner reentry in Illinois corrections policy

Harris, Jonathan R., M.C.P. Massachusetts Institute of Technology
Fonte: Massachusetts Institute of Technology Publicador: Massachusetts Institute of Technology
Tipo: Tese de Doutorado Formato: 108 p.
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The significant rise in the prison population in the United States has resulted in a severe shock to the correctional system. Specifically, from 1980 to 2004, the population of offenders incarcerated in state and federal prisons has increased almost five-fold from 315,974 to 1,494,216. As a result, 650,000 prisoners are released back into society each year, placing additional stress on already distressed communities. The ability of released prisoners, or ex-offenders, to successfully reintegrate into society depends to a large degree on the programming made available to them prior to and after their release. However, the cadre of programming offered by prison systems is constrained by the frames that policymakers use to talk about the issue of prisoner reentry. Understanding the frames that people construct are the key to grasping the philosophical foundations underlying current legislation as well as to proffering new policy solutions that are relevant to all stakeholders. This thesis documents both the historical and current frames surrounding the issue of prisoner reentry in Illinois corrections policy, particularly as it relates to the city of Chicago, which takes in 20,000 ex-offenders each year from the Illinois prison system.; (cont.) The dominant policy discourse in Illinois is moving away from the crime control frame...

‣ Impacts of greenhouse gas mitigation policies on agricultural land; Impacts of GHG mitigation policies on agricultural land

Wang, Xiaodong, Ph. D. Massachusetts Institute of Technology
Fonte: Massachusetts Institute of Technology Publicador: Massachusetts Institute of Technology
Tipo: Tese de Doutorado Formato: 162 p.
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Greenhouse gas (GHG) emissions are widely acknowledged to be responsible for much of the global warming in the past century. A number of approaches have been proposed to mitigate GHG emissions. Since the burning of fossil-based fuels is an important source of GHGs, the policies on GHG-mitigation encourage the replacement of fossil-based energy with biomass energy. However, a large-scale development of biomass energy may lead to changes in agricultural land use, which are important sources of GHG emissions, and therefore undermine the effectiveness of GHG-mitigation policies. In this research, I analyze the impacts of GHG-mitigation policies on five types of agricultural land (cropland, managed forestry land, pasture land, un-managed forestry land, and un-managed grassland) as well as carbon stored in such land during the 21st century. The scholars in the MIT Joint Program of Science and Policy on Global Change use the Integrated Global Systems Model (IGSM) to simulate changes in climate in response to GHG-mitigation policies, while the researchers at the U. S. Marine Biological Laboratory (MBL) apply the Terrestrial Ecosystem Model (TEM) to simulate land productivities. Based on the predictions of land characteristics affecting land-use decisions...

‣ Incremental densification auctions : A politically viable method of producing infill housing in existing single-family neighborhoods

Baker, Karl Phillip
Fonte: Massachusetts Institute of Technology Publicador: Massachusetts Institute of Technology
Tipo: Tese de Doutorado Formato: 155 p.
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This paper examines the problem of convincing homeowners to accept new housing density in their neighborhoods. This paper proposes that densification that places additional housing units in preexisting single-family neighborhoods is socially desirable as a way of slowing sprawl, utilizing existing infrastructure, providing affordable housing, promoting consumer choice and slowing suburban decline. The paucity of such development currently occurring is argued to result primarily from restrictive land use regulation as there are strong indications that densification would otherwise be economically viable in many locations. This paper approaches the question of removing regulatory barriers from the perspective of devising a process that would effectively reduce homeowner apprehension about the effects of densification. Devising a system that explicitly regulates the pace of change and captures increases in land value attributable to densification is found to be essential to overcoming homeowner concerns about densification. Traditional land use tools are deemed inadequate to achieve these goals and thus it is proposed that local governments allocate densification rights through public auctions where the rights to densify are separate and distinct from any traditional real property ownership interest. This proposal for densification auctions is evaluated according to various legal restrictions courts and legislatures have imposed on the methods local governments may use to regulate land use. The proposed densification auction is found to potentially violate many of these legal rules. It is argued...

‣ How rise of middle class activism in Indian cities is changing the face of local governance : [case of Delhi]

Chakrabarti, Poulomi Dhar
Fonte: Massachusetts Institute of Technology Publicador: Massachusetts Institute of Technology
Tipo: Tese de Doutorado Formato: 121 p.
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Neighborhood Associations, called Resident Welfare Associations (RWAs), have assumed an important role in public policy decision making in Delhi as the principal voice of the middle class. This represents a departure from the traditional role of these institutions that was restricted to the boundaries of their neighborhoods. This development also follows a Government of Delhi program, called Bhagidari, that institutionalized citizen government participation through these very associations. This thesis attempts to establish a relationship between middle-class activism, exemplified by the rise in neighborhood associations, and local governance in mega-cities using the case of Delhi. I observe that although implementation of Bhagidari did not change any formal political structures in the city, it led to friction between political representatives and the Delhi Government and Resident Welfare Associations. The media focus on the program and the administrative mechanism adopted in its implementation contributed towards the rise of RWAs. RWAs were able to influence public policy by forming citywide horizontal networks with other RWAs and bargaining with the State through the channels of the media. The various cases of activism reveal that this mobilization has been triggered by some form of privatization of service delivery which resulted (or was believed to result) in increase in user charges. The two RWA umbrella organizations that developed as a consequence of this mobilization point towards a change in the traditional 'apolitical' character of middle class in India.; (cont.) Although both shared related opinions on public policy issues...

‣ Using neighborhood indicators to understand inner city markets

Diao, Mi, Ph. D. Massachusetts Institute of Technology
Fonte: Massachusetts Institute of Technology Publicador: Massachusetts Institute of Technology
Tipo: Tese de Doutorado Formato: 115 p.
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The economic distress of America's inner cities is one of the most pressing issues facing the nation. Many analysts have asserted the unmet retail demand in inner-city neighborhoods and the potential for translating this demand into investment. Tapping the unmet retail demand has been considered an important strategy to accelerate the economic development in inner cities. The purpose of this study is to propose an analytical framework that can reveal the spatial patterns of retail markets and test whether and to what extent inner-city neighborhoods are actually 'under served'. With the help of Geographic Information Systems (GIS) and Relational Database Management System (RDBMS) tools, this study designs and calculates neighborhood indicators of the demand, supply and gaps in retail markets with census tract level socioeconomic data and parcel level business data. Based on the indicators, econometric models are developed to quantitatively estimate the 'pure' impact of an inner-city location on the local retail supply level. The neighborhood indicator system is applied to the food store markets in the Boston Metropolitan Statistical Area (MSA).; (cont.) Econometric analysis shows that inner-city tracts have an annual food store retail sales level (in millions of dollars per square mile) that is significantly lower than non inner-city tracts in the Boston MSA...

‣ Towards sustainable land stewardship : reframing development in Wisconsin's dairy gateway

Finlayson, Ian James, 1974-
Fonte: Massachusetts Institute of Technology Publicador: Massachusetts Institute of Technology
Tipo: Tese de Doutorado Formato: 98 p.; 6792443 bytes; 6803840 bytes; application/pdf; application/pdf
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Changing economic realities in the dairy industry have profoundly affected the viability of the dairy farming community in Wisconsin. In addition they face mounting local opposition to dairy modernization and expansion, and an increased regulatory burden. This survey looks at ten farms in the Dairy Gateway counties and the broader trends in the industry, and reveals incongruities with neo-classical economic theory. An ecological economics framework is then applied in an attempt to better explain what it happening in the Dairy sector and to support policy directions that might lead the dairy community back towards both economically and ecologically sustainable land stewardship.; by Ian James Finlayson.; Thesis (M.C.P.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 2005.; Includes bibliographical references (p. 83-89).

‣ Unexpected victories : protecting workers' rights in Guatemala's apparel-for-export sector; Protecting workers' rights in Guatemala's apparel-for-export sector

Connolly, Sarah E., 1977-
Fonte: Massachusetts Institute of Technology Publicador: Massachusetts Institute of Technology
Tipo: Tese de Doutorado Formato: 119 p.; 5719598 bytes; 5734380 bytes; application/pdf; application/pdf
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This thesis examines three surprise victories for workers' rights in the Guatemalan garment sector. In the past three years, three unions have formed at the Choishin, Cimatextiles, and Nobland factories and each has negotiated a collective bargaining agreement. This thesis explores why these victories were possible given the general context of globalization and the economic and institutional context of Guatemala. I have proposed a model that describes the dynamic approach that allowed the unions to form and negotiate the only collective bargaining agreements in Guatemala's apparel-for-export sector. These unions were successful because cross-border union organizing, corporate codes of conduct, independent monitoring, and government enforcement were dynamically combined. This thesis also demonstrates how the new synthesized model accounts for differences across the three cases. These cases provide a series of Lessons for protecting workers' rights. But the most salient lesson from Guatemala is that, under certain conditions, victory for Labor rights is possible; it is possible to maintain garment sector employment while increasing respect for workers' rights. And if this sort of victory is possible in Guatemala, then it seems possible anywhere.; by Sarah E. Connolly.; Thesis (M.C.P.)--Massachusetts Institute of Technology...

‣ Is God green? : emerging environmentalism in the evangelical community

Psaros, Marina Sophia
Fonte: Massachusetts Institute of Technology Publicador: Massachusetts Institute of Technology
Tipo: Tese de Doutorado Formato: 53 p.
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In recent months, evangelical environmentalism has been the subject of much media coverage and debate. The central questions are whether evangelical environmentalists could be potential allies for the mainstream environmental movement, and what impact pro-environment evangelicals might have on politics. I argue that evangelical environmentalists do not seek alliances with the mainstream environmental movement because the perception in the wider evangelical community is that environmentalism is liberal and un-Christian. This perception is the result of a confluence of theological, political, and cultural developments that have taken place over the past 30 years. As a result, the leaders of evangelical environmentalism do not want to risk forming coalitions with civic or political groups that would alienate members of their own political and religious communities. Instead, they work from within their own religious community to reframe environmentalism as a Christian duty, and they seek to change the Republican Party's stance towards environmentalism to align with their own.; by Marina Sophia Psaros.; Thesis (M.C.P.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 2006.; Includes bibliographical references (p. 50-53).

‣ Is cost competitiveness a prerequisite for growth? : application of the theory of comparative advantage in understanding developing countries' export growth in Asia

Tsubouchi, Minami
Fonte: Massachusetts Institute of Technology Publicador: Massachusetts Institute of Technology
Tipo: Tese de Doutorado Formato: 70 leaves
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The theory of comparative advantage argues that countries benefit from trade even without cost competitiveness and that what matters is the difference between efficiencies at which a country can produce different goods and services within its economy. In reality, however, a significant proportion of trade seems to occur based on cost competitiveness. China's exports to Japan have skyrocketed in the last decade, but the growth is mainly in labor-intensive industries because of the competitive prices that China can offer in global markets. This study intends to review the limitations of applying the theory of comparative advantage to interpreting the recent economic growth in Asia through theoretical reviews and a case study on Japan and China. The analysis reveals that comparative advantage can drive a developing country without cost competitiveness to growth of exports on the condition that a hierarchical mechanism exists in which an advanced country creates demand for further specialization through industrial upgrading and hands over its declining industries to the developing country. When the advanced country's need for further specialization is not sufficient, the developing country would be compelled into cost competition with the advanced country.; (cont.) In other words...

‣ Understanding developing countries' capacities to negotiate effective trade agreements : Colombia

Bonilla, Martha Isabel, 1965-
Fonte: Massachusetts Institute of Technology Publicador: Massachusetts Institute of Technology
Tipo: Tese de Doutorado Formato: 82 leaves; 4049525 bytes; 4049332 bytes; application/pdf; application/pdf
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This thesis explores the obstacles (the negotiation machinery, the asymmetric context of power and the international and domestic context) for developing countries in negotiating international trade agreements with the US. By articulating key components of the negotiation theory with personal experience of economic diplomacy and illustrating them through the process of the World Trade Organization agreement in Colombia during 1994, this research contributes to the understanding of the conventional wisdom of international negotiations in developing countries. This work highlights the challenge of international trade negotiations for developing countries (the absence of critical thinking and prescriptive proposals, and the difficulties in making coalitions to challenge the economic powers) as well as the issues (the competitive race for production and trade of high value products), masked under the cold blood of negotiation protocols and the false flavor of choice.; Martha Isabel Bonilla.; Thesis (M.C.P.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 2004.; Includes bibliographical references (leaves 81-82).

‣ Strategies for retirement community development in China; Strategies of retirement community development in China

Wang, Hua, M.C.P. Massachusetts Institute of Technology
Fonte: Massachusetts Institute of Technology Publicador: Massachusetts Institute of Technology
Tipo: Tese de Doutorado Formato: 50 leaves
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In 2000, China's 60-year-and-older population reached 130 million, or 10% of the total population. This event symbolizes that China has entered the aging society. In the Chinese tradition, strong family support enables older Chinese to live with their children and age at home. The One Child Policy implemented in the 1970's will change the way families care for their older parents. This paper investigates the alternative living arrangements in China such as the institutions for the elderly, community support, and the master planned retirement communities. The strength and weakness of each living arrangement is highlighted. Suggestions of a three-tiered system are made. Care is given to living arrangements that enable inter-generational contact and support, flexibility, and affordability.; by Hua Wang.; Thesis (M.C.P.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 2006.; Includes bibliographical references (leaves 48-50).

‣ Building voices : a comparative analysis of neighborhood involvement in affecting large-scale development in three Boston neighborhoods; Comparative analysis of neighborhood involvement in affecting large-scale development in three Boston neighborhoods

Tai, Martha, 1973-
Fonte: Massachusetts Institute of Technology Publicador: Massachusetts Institute of Technology
Tipo: Tese de Doutorado Formato: 109 p.; 8582941 bytes; 8596185 bytes; application/pdf; application/pdf
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(cont.) In particular, neighborhood divisions not only prevent the collective interests of the neighborhood from being addressed but can also enable the city to put aside neighborhood interests in favor of maintaining the interests of the greater public. In addition, the thrust of a neighborhood's effort to effectuate project changes must be channeled through its advisory power to successfully convince and persuade the Boston Redevelopment Authority (BRA) and developer. Furthermore, the level of institutional support that a neighborhood group garners can fluctuate according to the degree of neighborhood unity conveyed. Lastly, recommendations are presented to inform Boston neighborhoods of ways in which they can strengthen their influence as they continue to tackle large projects proposed in their boundaries.; This thesis compares the outcome of three Boston neighborhood groups' efforts to effectuate project changes to three specific large-scale development proposals in their neighborhoods. Specifically, the experiences of Fight Liberty Place (FLP) in opposing Liberty Place in Chinatown, Old Dover Neighborhood Association (ODNA) in shaping Dover Residences in the South End, and the Battery Wharf Working Group (BWWG) in affecting Battery Wharf in the North End were examined. A neighborhood's ability to influence project changes was found to be a function of internal neighborhood unity in and institutional support for the neighborhood. Institutional support is used to mean support from city representatives who can exert influence in the development approval process and make a concerted effort to work with a neighborhood to either implement project changes or withhold approval of a project in response to neighborhood demands. Based on the findings of the three cases...

‣ Assessing performance : an analytical framework for the San José McEnery Convention Center

Lee, Kai-yan, M.C.P. Massachusetts Institute of Technology
Fonte: Massachusetts Institute of Technology Publicador: Massachusetts Institute of Technology
Tipo: Tese de Doutorado Formato: 126 p.
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This study first outlines three major factors that limit the assessments of convention centers: high uncertainty in the convention industry, complex institutional structures and operational priorities, and plethora of external factors in the venue decision process that are beyond the control of convention centers. This study then compares the performance of San Jose McEnery Convention Center (SJMCC) with the industry average and other comparable facilities using an assessment framework that comprises four elements: financial performance, economic impact, productivity, and service quality. This study further proposes various indicators for these four assessment elements, including the Productivity and External Attractiveness Matrix (PEAM). This analysis concludes that SJMCC's current performance is moderate, even considering various external constraints of its operations. In addition, this analysis also suggests that SJMCC could further improve its current facility occupancy rate, diversify its client base, and enhance its service qualities and varieties as alternative competition strategies to facility expansions. KEY WORDS: San Jose McEnery Convention Center, Performance Assessment, Financial Evaluation, Economic Impact, Productivity...

‣ What I learned from missionaries in the Dominican Republic : loosen the agenda, hold onto the vision; cherchando is an important part of transformational development

Yu, Sandra (Sandra M.)
Fonte: Massachusetts Institute of Technology Publicador: Massachusetts Institute of Technology
Tipo: Tese de Doutorado Formato: 93 p.
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Missionaries go into the field with the desire to transform lives - not just spiritually and not just materially, but entirely, or in current lingo, holistically. Such an ambitious goal, combined with the burden of the long and varied legacy that follows the word "missionary," can create a lot of pressure to perform. As development experts can attest, the West feels a heavy responsibility to "do something" for the Rest. This paper is about Students International (SI), a Christian missionary organization that seeks to transform both the communities in which they work and the students who come to serve alongside their missionaries in occupational ministries. The focus on service opportunities based on occupations (education, art, construction, health, dental care, etc.) has value. However, as I began to write about SI as an organization, its goals, how it functions and how student participants evaluate their experiences, it seemed that, at least for the agricultural site, some of the most interesting insights, meaningful connections and transformative experiences happen outside of the planned activities, and are realized afterwards through reflection (follow-up surveys help). SI's goal of transforming lives may be best met through loosening that feeling of needing to "do something...

‣ The feasibility of residential development in the newly master planned Ship Creek area of Anchorage, Alaska

Debenham, Shaun T. (Shaun Todd), 1973-
Fonte: Massachusetts Institute of Technology Publicador: Massachusetts Institute of Technology
Tipo: Tese de Doutorado Formato: 87 leaves; 5144327 bytes; 5700847 bytes; application/pdf; application/pdf
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The aim of this thesis is to determine if a 40 unit condominium complex located in the Ship Creek area in Anchorage, Alaska, is financially feasible. Historically, Ship Creek has been an industrial area but recently the Alaska Railroad has master planned the area and hopes to entice developers to revitalize the area into a vibrant pedestrian friendly "village." Because Ship Creek is close to downtown, Ship Creek, Cook Inlet, and recreational trails, development in this area could be very desirable. A Market Analysis performed for this area determined that Anchorage's economy should continue with slow gradual growth. Also, it was forecasted that the demand for new condos in 2005 will be 340 units and that the supply of new condos will be 358. The proposed project will target the empty nester age group. Construction on the project is assumed to start in the third quarter of 2004 and end four quarters later in 2005. The benefit value of the development is calculated to be $9,887,988. Therefore the Net Present Value of the project is +$95,087. A positive NPV means the project should be pursued. An IRR for the Net Cash Flows (all equity) was calculated to be 20% and the IRR for the equity contributor was calculated to be 59%. Although the "numbers" indicate that the project should be pursued...

‣ Returns on Chinese residential development projects : a practical investment evaluation procedure developed for the analysis of Chinese residential development projects based on modern financial economic norms

Wang, Qian, 1967 June 15-
Fonte: Massachusetts Institute of Technology Publicador: Massachusetts Institute of Technology
Tipo: Tese de Doutorado Formato: 61 leaves; 2565313 bytes; 2565120 bytes; application/pdf; application/pdf
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Since late 1990s, Chinese real estate has been experiencing rapid growth, especially in the commercial housing sector. This phenomenon is mainly supported by China's housing privatization policy implemented in the mid-1990s and its strong GDP growth for the past 15 years. Chinese citizens are now able to purchase their housing units directly from the market with financing offers from major domestic banks. These days, real estate development-residential development in particular-is perceived in China as one of the proven vehicles "to get rich overnight." An increasing number of companies, including some large international real estate developers, are participating in the Chinese real estate development market. New players entering the market have been escalating the competition, which requires real estate developers to be highly objective and practical when evaluating their residential real estate development investments. After describing and criticizing the current methods of calculating residential real estate development returns in China, I argue in this thesis that, based on modern financial economic norms, a practical investment evaluation procedure can be developed for analyzing Chinese residential development projects. The new procedure is a practical application of a fundamental principle in finance: the NPV investment decision rule. This rule requires that...