摘要
用实物期权法评估我国矿业权的价值,主要采用的是BlackScholes公式法,本文针对BlackScholes法中的缺点,提出了二叉树模型法,弥补了BlackScholes公式法的不足,并以晓南矿为实例,用二叉树模型法对其矿业权进行了评估,说明了应用二叉树模型法对矿业权进行评估是有效的和切实可行的。
To assess the property the value of mineral properties in real option it mainly adopts to the Black-Scholes Model.Pointing to the imperfections of Black-Scholes Model,this text brings forward Two Branches Model to improve it.This text tooks Xiaonan mining as instance to calculate the value with Two Branches Model,and it proves it is effective and feasible.
出处
《中国矿业》
北大核心
2005年第6期85-86,共2页
China Mining Magazine
关键词
实物期权
二叉树
评估
Two Branches Model Real option Assessment
