Analysis on Project Investment Decision Based on Down Knock-out Option and Game Theory
Wu Yun ,He Jianmin
Strategic Study of CAE ›› 2005, Vol. 7 ›› Issue (9) : 44 -48.
Analysis on Project Investment Decision Based on Down Knock-out Option and Game Theory
Wu Yun ,He Jianmin
Strategic Study of CAE ›› 2005, Vol. 7 ›› Issue (9) : 44 -48.
Analysis on Project Investment Decision Based on Down Knock-out Option and Game Theory
In this paper, firstly, the connotation and the solution of down knock-out option and the basic principle of real option are dissertated, then, the method applied in project investment decision based on down knock-out option and game theory is put forward. And the project pricing in duopoly market structure is mainly analyzed. At last, example is provided.
down knock-out option / real option / game theory / investment decision
/
| 〈 |
|
〉 |
PDF
(2732KB)
