]>Fuzzy Real Options in Brownfield Redevelopment Evaluation : Table 1
Table 1: Input data [13].

Variable name Value

Current net cash flow of the clean property ( 𝑥 ) $300000
Current redevelopment vost ( 𝑅 ) $5000000
Riskless interest rate ( 𝑟 ) 5%

Instantaneous return rate of the cash flow ( 𝜇 𝑥 ) 10%
Volatility rate of the cash flow ( 𝜎 𝑥 ) 20%
Instantaneous return rate of the portfolio hedging the cash flow ( 𝜇 𝑃 ) 15%
Volatility rate of the portfolio hedging the cash flow ( 𝜎 𝑃 ) 20%

Instantaneous return rate of the redevelopment cost ( 𝜇 𝑅 )7%
Volatility rate of the redevelopment cost ( 𝜎 𝑅 )20%
Instantaneous return rate of the portfolio hedging the redevelopment cost ( 𝜇 𝐾 )15%
Volatility rate of the portfolio hedging the redevelopment cost ( 𝜎 𝐾 ) 16%

Ratio of the contaminated cash flow to the clean one ( 𝜑 1 ) 0.4
Ratio of the restored cash flow to the clean one ( 𝜑 2 ) 1
Ratio of the redeveloped cash flow to the clean one ( 𝜙 ) 2
Ratio of the clean-up cost to the redevelopment cost ( 𝛼 1 ) 0.3
Ratio of the restoration cost to the redevelopment cost ( 𝛼 2 ) 0.2

Correlation between the hedging portfolio and underlying cash flow ( 𝜌 𝑥 𝑃 ) 1
Correlation between the hedging portfolio and underlying cash flow ( 𝜌 𝑅 𝐾 ) 1
Correlation between the cash flow and the redevelopment cost ( 𝜌 𝑥 𝑅 ) 0

Note: Parameters, 𝜑 1 , 𝜑 2 , 𝜙 , 𝛼 1 , 𝛼 2 , 𝜌 𝑥 𝑃 , 𝜌 𝑅 𝐾 , 𝜌 𝑥 𝑅 , are predefined in the DSS to simplify inputs. And since they are mainly coefficient parameters, there is no need to change them frequently.