实物期权投资风险状态辨析

在分析了风险投资决策的实物期权特性的基础上，建立了基于实物期权的风险投资决策模型，把实物期权理论引入风险投资决策评价体系，并采用集对论的分析原理（SPA）和集值统计分析原理（CAS）对提名候选的风险投资工程项目，通过从同、异、反的三个方面计算出其联系度，来辨识工程项目Ⅰ和Ⅱ的风险状态。结果表明，这种方法具有有效性，能为风险投资公司或政府提供参考。

Analysis on Investment Risk Condition of Real Options

This paper analyzes the features of real options in risk investment decision and establishes a model of risk investment decision on the basis of real options.By means of Set Pair Analysis(SPA) and Collective Amount Statistics(CAS),this paper calculates the relevant coefficient from the perspectives of similarity,difference and reverse to identify the risk condition of Project I and II.The study shows that this method is effective and can be used as a reference for the risk investment companies and governmen...