real option 中文意思是什麼
real option
解釋
實物期權-
There are eight types of real option, such as option of deferring investment, of periodical investment, of expanding, of shrinking, of ceasing, of abjuration, of conversion and of increasing of company
實物期權可分成八種類型：延遲投資、分階段投資、擴張、收縮、停啟、放棄、轉換和企業增長期權。 -
Research into capital budgeting based on real option theory
基於實物期權理論的資本預算探討 -
A study on the real option model of three - stage investment decision making in real estate development project
房地產開發項目三階段投資決策的實物期權模型研究 -
Basing on the principle of arbitrage - free pricing theory, the basic tools of replicated pricing and dynamic programming approach, and under the guide of projection theory of hilbert space, this paper focus on the issues of pricing and hedging of real option in incomplete markets
全文以無套利定價理論為線索；以復制定價、動態規劃為基本工具；以hilbert空間投影理論為指導，重點研究非完全市場條件下實物期權的定價與風險對沖問題。 -
The method of real option could impersonally dispose parts of unknown ( but could be known ) data
實物期權方法則能夠客觀地處理一部分未知（但可知的）信息。 -
Expressing the character of resume, amend and risk accumulated of householder ' s responsibility system ( hrs ), based on our country investment agriculture ' s character of specific idiosyncratic, long return term and real option, found on the two sides of investment agriculture income and risk, making a system research for our country agriculture investment, bring forward a proposition of carrying out the permanent tenancy of agricultural land
摘要針對我國現行家庭聯產承包責任制所具有的恢復性、改良性和風險累積性制度缺陷，根據農業投資專用性、長回收期和實物期權的特徵，本文從農業的投資收益、投資風險兩個方面，對我國農業投資進行了制度研究，提出了推行農業用地永佃制的構想和建議。 -
The purpose of the dissertation is to analyze real option pricing theory and the application in r & d in - depth, based on the framework of option pricing and the similarity between real option and option
本論文依據投資中實物期權與金融期權的相似性，借鑒金融期權理論價格模型建立的機理和框架，結合實例，對實物期權的定價及其應用進行了深入的分析。 -
Estimate method of real option of natural resources development project
自然資源開發項目的實物期權評價方法 -
The application analysis of real option, this part analyzed option to defer, option to expand, option to abandon, option to switch and compound option in r & d investment
實物期權的應用分析，對研發管理中存在的延遲期權、放棄期權、轉換期權、增長期權和復合期權的應用進行了分析。 -
In the practical application of the real options method in ship investment in this article, i classified the diversified managerial flexibilities into several categories, and discussed three of them ( lay - up flexibility > quit flexibility and postponement flexibility ) chapter by chapter, established the frameworks and price models for corresponding real options ( annual operating option > abandonment option and waiting option ), and computed the value of real option in the given examples
在具體應用實物期權方法進行船舶投資決策時，本人將船舶投資運營期間所存在的各種管理彈性歸納為若干種類，並就其中的停運彈性、退出彈性及延遲彈性專門分章進行論述，分別為這三種彈性建立了相應的年度運營期權、放棄期權及等待期權的實物期權框架和計價模型並舉例進行了計算。 -
The investment of commercial real estate development has real option characteristics, because the real option method can properly deal with uncertainty, irreversibility and flexibility. in this part, the author construct a framework for analyzing the real options of commercial real estate investment decision, and analyzes the real options of commercial real estate investment decision from confirming the problem solved, analyzing the uncertain source, distinguishing the key uncertain factor, discerning the type of real options, constructing the real options option model, calculating the value of the commercial real estate, checking the result of calculation and redesigning, finds that the commercial real estate development has postpone option, expansion option, shrink option, change option, give up option. it proves that the commercial real estate has management flexibility in the development item, and the flexibility give
由於實物期權方法可以很好地解決不確定性、不可逆性和靈活性，因而商業地產投資決策具有實物期權特性，同時從確定要解決的問題、分析不確定性的來源、鑒別關鍵的不確定性因素、識別實物期權類型、構建期權定價模型、計算項目價值、檢查計算結果和重新設計八個方面，構建了商業地產投資決策的實物期權分析框架，得出商業地產開發項目中通常存在推遲期權、擴張期權、收縮期權、轉換期權、放棄期權等期權類型，說明商業地產開發項目中具有管理和經營柔性，而這種柔性賦予了商業地產開發項目實物期權的特性。 -
In this deputy - client relationship the form is the deputy of the human resources. so we can tell that there are real option bond between the form and the human resources. human resources ’ real option is a special choice rights
特別是高技術企業中研發人員大量的「外包」現象的出現，針對這一現象論文創造性的提出了智力勞動為主的人力資源開發在價值生產中具有實物期權性質的理論。 -
( 2 ) in the part of building up the valuation methods of the high - and new - tech enterprise, firstly describe the principles adhered to by building up it, and then begin to build up the methods. its main route is : assess the value ? driven factors of the high ? and new ? tech enterprise, valuate the physical assets with discounting cash flow ( dcf ) model and the growth opportunity with real option pricing model
（ 2 ）高新技術企業價值評估方法構建部分，首先論述方法構建應堅持的原則，然後構建方法，其路徑為:評估高新技術企業價值驅動因素;用折現現金流量法評估現有資產的價值;用實物期權定價法評估競爭條件下的增長機會價值。 -
3. tested the pricing model through analyzing real option existing in the investment project in detail to define the variables for network input
（ 3 ）檢驗定價模型通過詳細分析投資項目中存在的實物期權，確定模型的輸入變量。 -
The real option method for analyzing transition of technological achievement
高校科技成果轉化的實物期權分析 -
This dissertation is supported by scientific research program of hebei province education office ( research of corporation real option theory and techniques )
本論文的研究受到河北省教育廳科研計劃項目「企業投資決策實物期權理論與方法研究」的資助。 -
In support of the scientific research program of hebei province education bureau, i selected " research of corporation real option theory and techniques " as the name of my dissertation
本論文的研究受到河北省教育廳科研計劃項目「企業投資決策實物期權理論與方法研究」的資助。 -
From theory, this thesis offers a new real options analysis frame based on integration of the real option theory research of these days. from method, we have applied the financial option models to evaluate the real - options existing in real investment projects, we focus on exercising the existing models and analyze what shortcomings are there when we do so. after that, we offer a new model to evaluate the switch options improved on option pricing theory, in this empirical research, we replace labour force cost with daily wages
本文從理論和方法兩個方面展開：由於實物期權的概念是由金融期權引申而來，所以在理論方面，首先分析了金融期權的內涵，並綜合目前實物期權理論研究的成果，提出了一個完整的實物期權分析框架。方法上，除了運用目前存在的金融期權定價模型來評估一些實際存在的投資計劃，還在期權定價理論的基礎上針對轉換期權建立了一個模型並計算它的價值。 -
It also studies the problem of real option pricing when the underlying assets follow the pure jump poisson, mixed jump - diffusion merton and mean - reversion model, and obtains the price formula or partial differential equation to price and hedge the real option. when the value of real option can not separate from the value of project, or the uncertainties are endogenous to real option holder, it is difficult to pricing the real option by the ways of no - arbitrage. in this paper we present a approach named valuation with comparison, its basic point is to value the project or program with flexibility by means of decision tree analysis ( dta ) and stochastic dynamic programming ( sdp ), and the results are compared with that of non - flexibility, finally,
當實物期權的價值不能從項目價值中分離出來，或者影響基本資產價格的不確定性內生於期權的持有者時，此時實物期權的價值一般難以直接利用無套利方法得到，本文通過對現有文獻進行歸納，提出一種比較定價法，其基本要點是利用決策樹、動態規劃法或二叉樹模型等技術來確定嵌有柔性的項目或方案的價值，然後將其與沒有柔性的項目或方案進行比較，從而獲得各種柔性的價值，作為這種方法的一個應用，本文研究了柔性勞動合約的設計與定價問題，研究表明，對企業重要員工採用長期勞動合約，而對一般員工採用短期合約可以節約勞動力使用成本。 -
In the first place, it points out that method of real option is not only an economic appraisal tool but also a method of thought
實物期權方法不只是一種經濟評價工具，更確切地說，它是一種思維方法。
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