The Pricing Method of Venture Investment Project: Based on the Infinite Deferring Real Option

摘要：

Based on the traditional NPV-method, this paper introduces the infinite deferring real option and establishes its pricing model. According to this model, the optimal exercise point of venture investment project could be calculated, which makes the decision-making become more scientific and reasonable.

关键词： venture investment project infinite deferring real option optimal exercise point no-arbitrary principle

作者: ZENG Hui

作者单位: School of Statistics and Mathematics, Zhejiang Gong Shang University, P.R.China, 310018

会议类型: 国际会议

会议名称: The 3rd International Institute of Statistics & Management Engineering Symposium(2010 国际统计与管理工程研讨会 IISMES)

会议地点: 威海

会议语种:英文

页码: 465-470

在线出版日期: 2010-07-24（万方平台首次上网日期，不代表论文的发表时间）