The Option Pricing Theorys Application In the Real Estate Trade

摘要：

The paper analyses the characteristic of down payment in the real estate trade from the angle of option, makes use of option theory to explain the inherent meaning of earnest contract and uses option pricing theory to calculate the theoretical value and real price of earnest contract The primary content contains three aspects. First, use option theory to define the option concept of earnest contract in the real estate trade. Next, introduce the model of confirming value of earnest contract, and explain the simplified terms of using the Black —Scholes model to estimate earnest as well as each variables confirmation. Finally, calculate and analyze the value of real estate earnest contract

关键词： Option Earnest forward delivery

作者: SONG Li XUETao WANGDewu

作者单位: School of Management, Shenyang University of Technology. Shenyang, Liaoning. 110023

会议类型: 国际会议

会议名称: 2003 International Conference on Construction & Real Estate Management(2003 建设与房地产管理国际会议)

会议地点: 哈尔滨

会议语种:英文

页码: 106-108

在线出版日期: 2003-11-20（万方平台首次上网日期，不代表论文的发表时间）