摘要
讨论了实物期权的存在对风险项目投资决策的影响 ,分析传统的净现值方法与期权方法的联系 ,提出基于期权定价方法的改进净现值模型 ,并通过一个扩大投资问题研究了成长期权的价值 .
In this paper, the effect on decision making on risky project was discussed. The relationship between traditional net present value method(NPV)and option pricing theory was analyzed .A revised NPV model based on option pricing method was put forward and the growth options value was studied by giving an example of expanding investment decision.
出处
《系统工程学报》
CSCD
2000年第3期243-246,共4页
Journal of Systems Engineering
