基于风险—收益模型的R&D项目最优选择  

R&D Projects Optimal Selection Based on Risk Return Boundary Model

作　　者：周明海[1] 于俊府[1] 

机构地区：[1]复旦大学管理学院

出　　处：《决策与决策支持系统》1997年第2期73-78,共6页

摘　　要：对Ｒ＆Ｄ（研究与发展）项目的投资选择，风险—收益边界模型是一种使用非常简便又应用广泛的方法和工具，深受投资决策者的青睐，它能有效地筛选掉一些不合理（不可接受）的项目，然而长期以来困扰着人们不能得以进一步应用的原因就是在此模型下还没有建立一个有效的方法来解决项目的最优选择问题．本文从分析风险—收益边界模型出发，引入企业投资决策者的效用曲线，建立了投资无差异曲线，并给出此无差异曲线的特性，及应用此曲线解决项目最优选择的方法。Risk return boundary model is an approach used in R&D projects selection which is very convenient and has been used widely.Decision makers are keen on the method deeply.It can screen some unacceptable projects effectively.But it has not make further application for a long time.The reason is that it has not built an effective method to solve the problem of projects optimal selection using the model.This paper proceed from the analysis of risk return boundary model.Drew into utility curve of investment decision makers,established investment indifference curves and defined the specific property of the indifference curves,gave the method used to solve the problem of projects optimal selection.

关 键 词：风险—收益边界模型 投资无差异曲线 最优选择 

分 类 号：C934[经济管理—管理学]