【摘要】 通过分析林业项目的特点及其实物期权特性,考虑林业项目投资过程中未来利润流的不确定性及突发事件的不确定性,运用实物期权的方法,对林业项目投资进行分析,用动态规划的方法导出项目投资阈值,并进行数值分析。更多还原

【Abstract】 This paper considers the uncertainty of both future profit flow and emergencies in the forestry project investments by analyzing the characteristics of forestry project and its real option characteristics.So,the theory of real options is used to model and analyze the forestry investment,and get the threshold value of investment by dynamic programming,then analyzes the numerical characteristics.更多还原