基于实物期权理论的供电企业安全投资决策模型  

Safety Investment Decision-making Model of Power Supply Enterprises Based on Real Options Theory

作　　者：丁士[1] 王致杰[1] 薛松[1] 曾鸣[1] 

机构地区：[1]华北电力大学经济与管理学院,北京昌平102206

出　　处：《水电能源科学》2013年第8期224-226,共3页Water Resources and Power

摘　　要：针对传统安全投资决策方法的缺陷,将实物期权理论引入到供电企业安全投资决策中,构建了实物期权理论的供电企业安全投资决策框架,并建立了基于二叉树模型的供电企业安全投资决策模型。实例验证了模型的有效性,为供电企业安全投资提供了新的思路。Aiming at the shortcomings of traditional safety investment decision-making method, real options theory is introduced to safety investment decision making of power supply enterprise and build a framework of safety investment decision-making of power supply enterprises. And then safety investment decision-making model of power supply enter- prise is established based on the binary tree model. Finally, the effectiveness of the model is verified by practical example. Thus, it provides a new way for safety investment of power supply enterprises.

关 键 词：实物期权理论 安全投资决策 二叉树模型 延迟期权 

分 类 号：F407.61[经济管理—产业经济]