摘要
作为数学理论在经济学中最成功的应用之一 ,现代期权定价理论在经济研究中有着重要应用。期权定价理论大致经历如下发展过程 :布莱克和斯科尔司模式之前的“不完全”模式 ;布莱克和斯科尔司的“完全的”一般均衡模式 ;布莱克和斯科尔司之后发展的新模式。本文简单介绍期权定价理论的发展过程 ,对该理论在经济研究中应用作一简介。最后 ,对新近研究动态作一追踪。
As one of the most successful application of mathematics in economics, modern option pricing theory plays an important role in economic study. Option pricing theory has gone through the following three stage: the incomplete models before Black & Scholes model, Black & Scholes' complete general equilibrium model, new models developed after Black & Scholes model. This paper gives an introduction about the development of option pricing theory, and demonstrates its application in economic study. Finally, we describe some recent study information.
出处
《石家庄经济学院学报》
2000年第1期56-60,共5页
Journal of Shijiazhuang University of Economics
关键词
期权定价理论
资本结构
鞅途径
期权定价模式
option pricing , Black & Scholes model, capital structure, martingale approach
