The Real Option的意思|示意

The second part, include 2 and 3, is the study on corporate valuation using the real option theory.

第二部分，包括第2，3两章，研究企业并购中目标企业价值确定的实物期权方法。

The better that real prices correlate with the unknown option price, the more confidently you can take on any level of risk.

实际价格与未知的期权价格联系得越好，参与者便越有信心去承担任何水平的风险。

The real option games' application of the theory in the investment decision of the project becomes the focus studied gradually.

实物期权博弈理论在项目投资决策中的应用逐渐成为研究的热点。

Furthermore the real option model may indicate that direct regulation can effectively reduce the efficiency benefit of strengthening self-regulation and increase the incentives of risk-taking.

运用实物期权方法构建自律选择的决定模型，可以表明直接管制将降低银行加强自律管理的收益，增加银行的冒险动机。

Therefore, applying the real option pricing theory and its practical application to research has important theory value and practical significance.

因此，把实物期权的定价理论与它的实际应用结合起来研究就有重要的理论价值和现实意义。

This paper adopts the real option approach to examine corporate debt and endogenous bankruptcy in a risk-neutral framework.

本文利用实物期权方法在风险中性概率测试下研究公司的债务与内生破产问题。