期权价值

研究表明，不完全信息减缓了竞争对企业RD投资等待期权价值的侵蚀，从而延缓了企业的RD投资。

We find that incomplete information restrains the competition from undermining the waiting option value and delays the firm 's R & D investment .

加上期权价值后，原本在传统净现值方法中被放弃的A药品RD项目重新得到了制药甲厂管理层的认可。

Adding the option value , medicine A RD project given up by NPV method is recognized by the management of First pharmaceutical factory .

基于RFID的SCM项目实物期权价值评估

Value Evaluation of Real Options Based on RFID Technology in Supply Chain Management

最后结合具体案例，讨论了如何分析、计算RD项目的实物期权价值。

Finally , an example is provided to discuss how to analyze and to calculate the Real Options value .

GARCH模型中美式亚式期权价值的蒙特卡罗模拟算法

Monte Carlo simulation method for pricing American - style Asian option in the GARCH Option Pricing Model

将期权价值纳入净现值的计算公式中，扩展了传统的NPV法。

By adding the value of options to the NPV formula , we extend the traditional NPV rules .

通过数值分析发现一个与传统相反的结论，R&D升级投资期权价值随无风险利率r和项目价值的波动率上升而下降，但随投资延迟损失率上升而上升。

Through numerical analysis the thesis finds one conclusion contrary to tradition , R & D upgrade investment options worth has positive relationship with risk interest rate and fluctuation rate , but negative relationship with the rate of loss delaying .

本文以此假设出发建立起一个更适合于评价RD项目现实期权价值的模型，并采用飞利浦的案例对其进行实证研究。

Based on this assumption , a model more suitable for assessing real options value of RD projects is built , and Philips ′ case is adopted to carry out empirical study .

本文对“时间耗损因子”Theta值，期权价值相对于波动率、无风险利率变动比率的Vega值和Rho值，在已有的基础上进行了更加全面、深刻的分析。

The " time decay factor " Theta value , the change ratios Vega value and Rho value based on the researches of the listing references were analysed deeply .

Certainty-equivalence方法对经理股票期权价值的确定以及相应激励效果分析

Certainty-equivalence Model for the Value of the Executive and the Analysis of the Motive Effect

另外，本文首次讨论了期权价值变化相对于红利率和执行价格变化的比率Phi值和Tau值。

In addition , some conclusions about Phi value and Tau value were firstly presented , which relate the change of options price to the change of dividend and the change of exercise price respectively .

传统的FDI理论都从FDI的外部环境出发来考虑问题，我们则从FDI的特点出发，建立了国际化生产以追求包含实物期权价值的净现值最大化为目标的基础观点。

The traditional FDI theory is thinking over the problem from exterior environment , while our thinking is from the characteristic about FDI . We establish the basic point - the international productions ' aim is pursuing the maximize of the net present value including real options ' value .

创建带跳跃的指数O-U随机过程扩展模型，并在利率为跳-扩散过程的假设下，给出了相应的期权价值方程以及欧式看涨期权的定价公式。

We establish an generalized exponential O-U model with " jump " , and the option value equation and the pricing formula of European call option are deduced under incontinuous stochastic interest rate model .

一个一般的结论是：一个项目的投资价值应该为完全不考虑后续投资灵活性时的价值加上灵活性本身的价值，前者就是经典NPV的价值，后者就是期权价值。

The basic argument is that the investment value of a project should include the value of the project without considering further investment opportunities and the value of flexibility in the project , the former is priced by classic NPV , and the later is priced by option theory .

同时，在资源受限条件下，综合考虑项目选择与项目调度，以最大化项目组合实物期权价值作为目标函数，建立了一套针对资源受限项目组合选择及调度（RCPPSS）问题的数学模型。

Meanwhile , in a resource-constrained conditions , considering the project selection and project scheduling , taking maximize the portfolio value of real options as the objective function , a mathematical model for the resource-constrained project portfolio selection and scheduling ( RCPPSS ) was established .

市场利率波动对期权价值的影响

The effect of fluctuation of market interest rate on option price

影响企业纵向一体化绩效的战略期权价值实证研究

An Empirical Study of Strategic Options Value Affecting Vertical Integration Performance

价格波动、市场竞争与实物期权价值评估

Price Uncertainty , Competition and the Value of Real Options

潜在进入威胁下的实物期权价值分析与评估

Price Fluctuation , Competition and the Value of Real Options

企业并购活动中分阶段的实物期权价值研究

Research on Real Option in Different Stages of Enterprise M & A

期权价值与配置比例反映为非线性关系。

The behavior of real options value and property ratio is non-linear .

融资结构对R&D项目期权价值的影响研究

Effect of Financial Structure on Option Value Embedded in R & D Project

分阶段风险投资决策实物期权价值分析&分阶段投资的延期效应与风险效应

The Real Option Value of the Multi-Period Venture Investment

投资时限对项目期权价值的影响分析

Analysis for effect of limited investing time on the option value of project

我国上市公司壳资源广义期权价值分析

The Analyze of China Listed Company ′ s Option in Broad Sense Value

契约型战略联盟的灵活性期权价值研究

The Flexibility Option Value of a Contractual Strategic Alliance

灰色聚类法的投资工程项目实物期权价值排序

Ordinal Excellent Select of Real Options Pricing on Investment Items via Grey Clustering

投资机会期权价值的进一步研究

Further Research for Value of Investment Opportunity Option

期权价值计算问题是金融资产定价研究领域的焦点之一。

Calculation of option value is one focus of the financial asset pricing theories .

R&D期权价值的应用

Applications of R & D Option Value