B-S和二叉树两种期权定价模型在财险定价中的应用与比较  

Application and Comparison of B-S and Binary-tree Pricing Model in Property Insurance Pricing

作　　者：李子耀[1] 黄洪瑾 

机构地区：[1]安徽财经大学,安徽蚌埠233040

出　　处：《上海立信会计金融学院学报》2017年第5期104-111,共8页Journal of Shanghai Lixin University of Accounting and Finance

摘　　要：期权和保险都是规避风险的工具,它们在本质上有着许多共通之处。本文首先比较了期权与保险的异同,并在此基础上分析了将期权定价模型运用在财险定价上的可行性,然后利用期权定价的两种模型——B-S模型和二叉树模型进行了保费的模拟计算并与真实保费相比较,最后得出了将期权定价模型运用在财险定价中具有科学性和合理性的结论。Both option and insurance are tools to avoid risks and they share many commons in essence. The paper first compared option and insurance. On that basis, the paper analyzed the feasibility to apply option pricing model in property insurance pricing.Then, the paper applied B-S and Binary-tree Pricing Model to calculate insurance premium and compared the results with actual premium. At last, the paper concluded that it is scientific and feasible to apply option pricing model in property insurance pricing.

关 键 词：B-S定价模型 二叉树定价模型 财产保险 

分 类 号：F830.2[经济管理—金融学]