Study of Military Software Pricing Based on Real Option
A new method is designed for military software pricing, which is enlightened from binomial tree option pricing model. Firstly, it is constructed about the military software pricing model based on binomial tree. Secondly, computation method is shown later. Thirdly, the applicability of this computation method is demonstrated by an example. According to the calculation results, it is found out that the most two important variables are yield rate of assets of military software and successful probability of every stage, which are of strong effects to the price of military software. In addition, it is also concluded that value created in coding stage is usually smaller than value created in requirements stage and design stage.
military software pricing cost price binomial tree probability clearing value market value
Wu Qin Wei Ru-Xiang
Department of Equipment Economics and Management Naval University of Engineering Wu Han, China
国际会议
成都
英文
1866-1870
2010-12-17（万方平台首次上网日期，不代表论文的发表时间）