摘要
将林权期权看作实物期权,在考虑投资时间价值及红利基础上,用Merton期权模型对林权的价值进行估算,从而可为林权交易、转让、承包等行为需要的价值核算提供一定的参考。
The option of the forest protperty could be regarded as real option in the article.Considering the time value of investment and future benefit based on the bonus,the Merton Model was used to estimate the value of the forest property based on the principle of the option.So it provided the reference for the value evaluation of the bargaining,transferring,contracting of the forest property and so on.
出处
《福建林业科技》
2009年第4期256-260,共5页
Journal of Fujian Forestry Science and Technology
基金
"十一五"国家科技支撑计划"林纸一体化运行模式研究与示范"(编号:2006BAD32B08)
