black scholes model 中文意思是什麼
black scholes model
解釋
布萊克斯格爾模式-
There is also a brief introduction of another commonly used pricing model, the binominal option pricing model, including its relations to the black - scholes option pricing model
調整模型的基本假設條件，將模型擴展為多因素模型。第一部分還介紹了另一種常用的期權定價模型- -二項分佈模型。 -
A mended method on black - scholes option pricing model
期權定價模型的一種改進方法 -
The theory of option is introduced when value of opportunity is valuated, especially black - scholes model, which resolve the problem of valuation of opportunity and lay a good foundation for valuation of internet enterprise
針對機會價值的評估，引入期權理論，特別是black - scholes的期權定價模型，較為成功地解決了機會價值評估的問題，為網路企業整體價值的評估做了很好的鋪墊。 -
The article. has introduced the basic situation of liutie material company briefly ; has summarized the theoretical foundation of competition strategy and encouraging strategy, namely the competition strategy theory, the motivational theory, agency by agreement, manpower capital theory ; has carried on the macroscopically outside environmental analysis, enterprise inside condition analysis and swot analysis of liutie material company ; has proposed establishing the strategic idea that rely main on diversified strategy, and full combine the entering type strategy ; has made the cooperative effect of giving full play to, set up the total strategy of diversified strategy ; drawing lessons from economic value - added concept, capital - asset - pricing model and black - scholes model, we have designed the phantom stock option plan of liutie material company
本文簡要介紹了柳州材料總廠的基本情況；總結了設計競爭戰略和激勵戰略的理論基礎，即競爭戰略理論、總體戰略、激勵理論、委託代理理論、人力資本理論；進行了柳州材料總廠的宏觀外部環境分析和企業內部條件分析及swot分析；提出了應確立以多樣化戰略為主，並充分結合進入式戰略的戰略觀念，制訂了充分發揮協同效應，建立相關約束多樣化經營的總體戰略；借鑒經濟增加值這一概念和資本資產定價模型及布萊克-舒爾茨模型，設計了柳州材料總廠虛擬股票期權激勵計劃。 -
Secondly, this thesis evaluates some main theories and method about market risk measurement. such as mean - variance criterion of markowitz and risk decentralization principal, single - factor model, multifactor model, down - risk model, black - scholes model and var model based on the calculation of loss. it also discusses the suitable conditions and defects of every theory and method, and think that var is a more perfect method for risk measurement by comparison
其次，評價了有關市場風險度量的一些主要理論和方法，如markowitz的均值?方差準則和風險分散原則、 capm模型和風險的市場因素模型、單因素模型、多因素模型、 downside - risk 、期權定價理論和現代基於損失計量風險的var等風險度量理論，並討論了各種風險度量方法的具體適用條件及相應的缺陷。 -
So the black - scholes model is invalid in our market
因此black - scholes公式的核心前提在我國並不能成立。 -
Use the quantitative analysis tools to valuate use trend extrapolation to forecast sales revenue, linear regression to forecast the future cash flows, tow ? stage discounting cash flow model to valuate the physical assets of zte co. and black ? scholes option pricing model to valuate its growth opportunity or real option. and from the qualitative perspective analyze the reasons for deviations from the enterprise value
用趨勢外推法預測銷售收入，用線性回歸法預測未來現金流量，用兩階段折現現金流量模型評估中興現有資產價值;用布萊克-斯克爾斯期權定價模型預測在競爭條件下中興的增長機會價值;在結尾處，從定性分析的角度研究產生估價偏差的原因。 -
Deducing the pricing formula of executive stock option ( eso ) which is different from black - scholes model in a new method called " certainty equivalence "
因此我們用「確定性等值」方法推導出不同於black - scholes模型的股票期權價值的定價公式。 -
Study work mainly is : part one, look back and look ahead the financial development history and present situation that derives market and the futuristic tendency, summarize domestic and international theory and method about venture capital investment, discuss establishment and develop the financial necessariness and important meaning of our country that derives market ; part two, establishthe relation between investment risk and the radom expectation effectiveness of investor ? verage stochastic dominance of asset profit ; part three, covari - ance matrix in mean - variance model is analysed with sensitivity analysis and fuzzy analysis ; part four, have looked back the concept of option, the price relation of option and black - scholes option price formula, have put forward option price formula of the discounted value of option present value ; part five, have looked back the financial concept and its classfication that financial derivatives risk, have summarized financial risk management theory, measured and assessed methods of financial derivatives risk
主要研究工作為：第一章，回顧和展望金融衍生市場的發展歷史、現狀和未來，綜述國內外關于風險投資的理論與方法，論述建立和發展我國金融衍生市場的必要性及重要意義；第二章，建立投資者的隨機期望效用與投資風險之間的關系? ?平均隨機占優；第三章，均值方差模型協方差矩陣的靈敏度分析與模糊分析；第四章，回顧了期權的概念、期權的價格關系和black - scholes期權定價公式，提出了歐式看漲期權價格的折現值所滿足的微分方程；第五章，回顧了金融衍生品風險的概念及其分類，總結了金融衍生品的風險管理理論和金融衍生品風險計量和評估方法。 -
Black - scholes model and financial risk management in enterprises
模型與企業財務風險管理 -
- - - - - paper devises different stock option incentive model for manager and employee, and gives the practical resolution for enterprise. - - - - - mathematics model in paper testifies the validity of stock option and establishes bintree model and renewed black - scholes model
論文將企業角色分為經理人和員工兩種，分別針對彼此不同的特點設計了不同的股票期權激勵模式，並給出了系統性的分析說明。 -
In recent several years, a lot of valuation methods to dot - corns were created, especially the discounted cash flow method. after comparison of these methods, i conclude these methods " virtues and defects and create a model on the base of black - scholes model to valuing dot - corns
在總結了現存網路經濟價值評估方法的優缺點后，本文提出了運用期權定價理論（主要是black - scholes模型）評估網路經濟價值的方法，並在分析和實例的基礎上論證了此方法的有效性和實用性。 -
Chapter two analyses the problems that fixes the convertible bond price in our country. many listed companies generally use european option price at the formula, namely black - scholes model. because of the multiple option nature and the american option nature contained in the transferable bond, black - scholes model ca n ' t be applied mechanically to fix the price of the convertible bond
第二章分析了可轉換債券定價在我國所存在的問題，即從我國上市公司發行可轉換債券的公告來看，一般都使用歐洲期權定價公式，這是由1973年fischerblack和myronscholes在其《期權和公司負債定價》的著名論文中所建立起的歐式期權定價解析表達式，即black - scholes模型而成。 -
Measurable calculations of this convertible bond ' s forward option by black scholes model show that its actual value surpasses its nominal value. so we can draw the same conclusion by both qualitative analysis and measurable calculation that this convertible bond has great investment value really
運用布萊克-斯科爾斯模型對陽光轉債的期權價值的定量計算得出，陽光轉債的實際價值高於其票面價值，所以，無論是從定性分析還是定量計算都能得出同一結論：陽光轉債確實具有較大的投資價值。 -
At present, the black - scholes model is widely used in respect of pricing of the derivatives which contained contingent claim inside
目前對于這些包含期權的衍生產品的定價，主要是運用傳統的black - scholes公式。 -
At the same time, the article takes the cb ' s value into two parts : the bond ' s value and the options ' s value. it discusses the theoretic pricing model of cb on the base of black - scholes model and validates the uniform degree about guodian ' s cb between the result, which is calculated by theoretic pricing model, and actual price to provide the reference about cb ' s issue and investment
同時，本文將可轉換債券價值分為債券價值和期權價值兩部分，在期權定價模型? ? black - scholes模型基礎上討論可轉換債券的理論定價模型，並應用於國電轉債的定價，從而驗證理論定價模型計算結果與實際的吻合程度，以提供一個可供可轉換債券發行和投資的參考。 -
On black - scholes ' model of weighting prices applied in enterprises ' measuring of value
舒爾斯期權定價模型在企業價值評估中的應用 -
But the black - scholes model is valid just under some conditions, especially the assumption of complete market. this assumption draws a conclusion of the fundamental principle of “ absence of arbitrage ”, and the investor can obtain risk - free income only
但是black - scholes公式有著很多的假設前提，特別是它的核心是基於無套利思想的，即假設市場中的資產可以被完全復制，套利收益能夠提前鎖定。 -
Application of option theory in decision - making can make up with the flaw. so in this article black - scholes model is used in evaluate project ' s value
本文嘗試運用期權定價理論：布萊克?舒爾斯模型來給投資項目的隱含期權定價。 -
Based on the former fruits, i have studied the elements of eso, such as the beneficiary of eso, the amount of eso, the executive price of eso and the schedule of eso etc. meanwhile the black - scholes model is amended for adapting to the practice, which rationalizes the decision in making price and the stock amount of eso
在總結以往研究成果的基礎上，針對經理股票期權計劃實施的要素和方案設計進行了研究，如經理股票期權受益人、期權數量、行權價格和行權時間的確定，對布萊克-舒爾斯模型進行了適應性改進，使其定價和以此為基礎的經理股票期權數量確定更加合理。
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