摘要
实物期权是期权理论在投资决策管理中的一个新型应用。实物期权理论充分考虑管理者进行投资决策时拥有的灵活选择权,并将该种权力予以量化,从而证明选择权是有价值的,改变了传统的投资观念和评价方法。文中对实物期权的基本特性进行了描述,对实物期权的种类进行了划分和分析,并对其在实际投资中的应用进行了实例分析。
Real options are the application of the option theory in investment decision-making management. The real option theory takes account the flexibility of the investor's choice. Real options are quantitified and proven to be valuable, which changes the traditional investment ideas and evaluating methods. The basic features of real options are described, and their categories are defined and analyzed. Applications of real options in practical investment are analyzed.
出处
《武汉理工大学学报（信息与管理工程版）》
CAS
2003年第5期132-135,共4页
Journal of Wuhan University of Technology：Information & Management Engineering
基金
国家自然科学基金资助项目(70071011).
关键词
期权
实物期权
分类
option
real options
classification
