The Valuation of Top Limited Uncertain Interest Based on Monte Carlo Simulation

摘要：

In this paper,we introduce the Top Limited uncertain interest,and define it as a kind of exotic options. Then we propose a method to valuate the options with Monte Carlo Simulation. We demonstrate a real example from one of China venture capital policies. Our work enriches the exotic option theory,and its a remarkable step towards the quantitative analysis of public policies using option theory.

关键词： exotic options Monte Carlo simulation real options option pricing venture capital

作者: Kui Hu Xun Liang Nan Li

作者单位: Institute of Computer Science and Technology,Peking University,Beijing 100871,China

会议类型: 国际会议

会议名称: The First International Conference on Management Innovation(ICMI 2007)(管理创新会议)

会议地点: 上海

会议语种:英文

页码: 1052-1057

在线出版日期: 2007-06-04（万方平台首次上网日期，不代表论文的发表时间）