| 实物期权定价方法的特征及比较研究 |
| |
| 引用本文： | 刘文华,潘建明.实物期权定价方法的特征及比较研究[J].湖南工业职业技术学院学报,2014(1):18-21. |
| |
| 作者姓名： | 刘文华 潘建明 |
| |
| 作者单位： | [1]湖南工学院,湖南衡阳421002 [2]中南林业科技大学商学院,湖南长沙410004 |
| |
| 基金项目： | 湖南省自然科学基金委面上项目（项目编号：11JJ3092）;湖南省社科项目（项目编号：1011089B）;湖南省科技厅软科学立项资助课题（项目编号：2009ZK3116）. |
| |
| 摘 要： | 价值评估是企业并购决策的核心。实物期权定价的基本方法主要有偏微分法、动态规划法和模拟法等三类。作者在分析布莱克—斯科尔斯、二叉树、蒙特卡洛的定价模型的特征之后进行了对比分析,以期为企业投资决策中选择合适的模型,实现市场价值和利润的最大化。
|
| 关 键 词： | 实物期权 定价方法 比较研究 |
Features on Pricing Method of Real Option and Comparative Research |
| |
| LIU Wen-hua,PAN Jian-ming.Features on Pricing Method of Real Option and Comparative Research[J].Journal of Hunan Industry Polytechnic,2014(1):18-21. |
| |
| Authors: | LIU Wen-hua PAN Jian-ming |
| |
| Affiliation: | 1.Hunan Institute of Technology, Hengyang 421002,Hunan; 2.Business College, Central South University of Forestry and Technology,Changsha410004,Hunan) |
| |
| Abstract: | Value evaluation is the core of enterprise merger and acquisition decision. The basic pricing methods of real option have partial differential method, clynamic programming method and simulation method. The author has a comparative analysis after the characteristic analysis of pricing model of Black Scholes, Binary Tree, Monte Carlo, in order to select the appropriate model of enterprise investment decision, to maximize the market value and profit. |
| |
| Keywords: | real option pricing method comparative research |
| 本文献已被 CNKI 维普 等数据库收录！ |
