A Fuzzy Pay-Off Method for Real Option Valuation

摘要：

This paper presents a new method (fuzzy pay-off method) for real option valuation using fuzzy numbers that is based on findings from earlier real option valuation methods and from fuzzy real option valuation. The method is intuitive to understand and far less complicated than any previous real option valuation model to date. The paper also presents the use of trinagular and trapezoidal fuzzy numbers with the method.

关键词： Real Option Valuation Fuzzy Real Options Fuzzy Numbers

作者: Mikael Col Ian Robert Fuller Jozsef Mezei

作者单位: IAMSR, Abo Akademi University Joukahaisenkatu 3-5 A20520 Turku, Finland IAMSR, Abo Akademi University Joukahaisenkatu 3-5 A 20520 TUrku, Finland Turku Centre for Computer Science Joukahaisenkatu 3-5 B 20520 Turku, Finland

会议类型: 国际会议

会议名称: The Second International Conference on Business Intelligence and Financial Engineering(BIFE 2009)(第二届商务智能与金融工程国际会议)

会议地点: 北京

会议语种:英文

页码: 165-169

在线出版日期: 2009-07-24（万方平台首次上网日期，不代表论文的发表时间）