期权博弈评价:一种内生化期权价值模型被引量：1

Option Game Evaluation:One Kind of Model Within Endogenous Option Value

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摘要实物期权价值实际上是一种选择权价值,期权博弈是实物期权定价与博弈论均衡分析相结合的产物。实物期权与博弈论相结合而形成的对项目评价概念——期权博弈评价,是以特定时期、特定信息环境、特定主体面向特定项目的期权博弈模型构建为基础,以均衡概念、项目价值和主体策略为判断标准的理论分析体系。而这种体系模型最大的特点是内生化了不确定性策略环境所带来的管理柔性价值(等待的实物期权价值)。 The Option Game is a kind of concept of mixing real option valuation with option equilibrium and so-called the Option Game Evaluation is the newest development in the thought of project evaluation including option game equilibrium. The essential factors of Option Game Evaluation approach are based on the different option game models which refer to different time periods, information conditions, agents and projects. The Option Game Evaluation is the theoretic system which evaluation criteria is related to equilibrium concept, project value and agent strategies, the model of such system largest character is contained the management flexible value （the option value for waiting）under uncertain strategic surroundings.

作者洪开荣王旺平

机构地区中南大学商学院

出处《郑州航空工业管理学院学报》 2009年第5期1-5,共5页 Journal of Zhengzhou University of Aeronautics

基金国家自然科学基金资助项目(70871122)

关键词期权博弈策略替代柔性价值内生化期权价值 Option Game Evaluation alternative strategy flexible value endogenous option value

分类号 F0 [经济管理—政治经济学]

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