Research on real option decision model of market development of land project in military to civilian conversion

Hong Liang Mei*, Shen Shen, En Jun Xia

*此作品的通讯作者

    科研成果: 期刊稿件文章同行评审

    摘要

    Military to civilian conversion becomes a global trend now. As market developments of land project in civilian and military to civilian conversion have the same characteristic of uncertainty, real option decision model can be introduced into scientific decision of the market developments. Based on relevant literature, a basic model composed of real option was framed, and the critical price of exercise real option was calculated with the model. Practicability of the model was verified by applied analysis method based on a developing example of a certain project for military to civilian conversion.

    源语言英语
    页(从-至)165-169
    页数5
    期刊Binggong Xuebao/Acta Armamentarii
    30
    SUPPL. 1
    出版状态已出版 - 11月 2009

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