摘要
借助实物期权理论,在假设药业投资项目市场需求不确定的条件下,对药业投资项目进行价值评估和投资决策分析。首先给出了项目的价值、投资期权的价值和投资临界值,然后做出了对上述结果的典型数值分析。
This paper evaluates the value and analyzes the investment decision-making of the medicine project with the ideas of real option under the hypothesis of uncertain market demand. Firstly, this paper investigates the value of the project and the investment option and the critical value of the investment, and then it analyzes the numerical value of the above mentioned results.
出处
《新乡学院学报》
2010年第2期17-19,共3页
Journal of Xinxiang University
关键词
实物期权
药物开发
动态规划
real option
R＆D of medicine
dynamic programming
