刘朝马, 刘冬梅, 蔡美峰. 基于期权定价理论的矿业工程评估模型[J]. 工程科学学报, 2000, 22(6): 505-507. DOI: 10.13374/j.issn1001-053x.2000.06.005
引用本文: 刘朝马, 刘冬梅, 蔡美峰. 基于期权定价理论的矿业工程评估模型[J]. 工程科学学报, 2000, 22(6): 505-507. DOI: 10.13374/j.issn1001-053x.2000.06.005
LIU Chaoma, LIU Dongmei, CAI Meifeng. Mining Project Evaluation Model Based on Options Pricing Theory[J]. Chinese Journal of Engineering, 2000, 22(6): 505-507. DOI: 10.13374/j.issn1001-053x.2000.06.005
Citation: LIU Chaoma, LIU Dongmei, CAI Meifeng. Mining Project Evaluation Model Based on Options Pricing Theory[J]. Chinese Journal of Engineering, 2000, 22(6): 505-507. DOI: 10.13374/j.issn1001-053x.2000.06.005

基于期权定价理论的矿业工程评估模型

Mining Project Evaluation Model Based on Options Pricing Theory

  • 摘要: 折现现金流法是工程评估最常用的方法,但其低估了矿业开发价值.运用管理选择权,遵循标准的期权定价过程,建立了矿业开发价值和矿业工程评估模型,为投资决策提供了新的思路和量化工具.

     

    Abstract: Discounted cash flow (DCF) techniques are widely used for valuing project investment. But this convention DCF has a pitfall that underestimates the value of the mine. Using mining management flexibility and following options pricing processes, new approach and quantitative tools to the value of a mine and the project evaluation are developed.

     

/

返回文章
返回