The Pricing Method for Real Option with Fuzzy Multi-variable

摘要：

Traditional methods pricing for real option ignored uncertainty of underlying assets and investment costs, when pricing the real option, which probably leads to a mistaken investment decision.The pricing model of the real option is made research on, when the valuation of underlying assets and investment costs are vague. It regards these uncertain elements as fuzzy number and fizzy variant,prices the real option using fuzzy set theory with binomial model and then obtains a new real option pricing formula with fuzzy multi-variable.

关键词： Finance Real option Fuzzy set theory Risk investment

作者: ZHU Sheng

作者单位: School of mathemafics and information,Henan Polytechnic University,P.R.China,454000

会议类型: 国际会议

会议名称: 2008 International Conference of Management Science and Engineering(2008管理科学与工程国际学术会议)

会议地点: 河南焦作

会议语种:英文

页码: 997-1002

在线出版日期: 2008-11-01（万方平台首次上网日期，不代表论文的发表时间）