Research of relationship between uncertainty and investment

被引：0
|
作者：
孟力
汪定伟
机构：
[1] School of Management, Shenyang University of Technology, Shenyang 110023, China ,Shenyang 1100006, China
[2] School of Information Science & Engineering, Northeastern University,School of Information Science & Engineering, Northeastern University Shenyang 1100006, China
来源：
Journal of Zhejiang University-Science A(Applied Physics & Engineering) | 2005年 / 04期
基金：
中国国家自然科学基金;
关键词：
Investment; Uncertainty; Real option; Stochastic process;
D O I：
暂无
中图分类号：
F224 [经济数学方法];
学科分类号：
0701 ; 070104 ;
摘要：
This study focuses on revealing the relationship between uncertainty and investment probability through real option model involving investment critical trigger and project earning. Use of Matlab software on the experimental results showing that project earning volatility influences investment probability, led the authors to conclude that this notion is not always correct, as increasing uncertainty should have an inhibiting effect on investment, and that in certain situation, increasing uncertainty actually increases the investment probability and so, should have positive impact on investment.
引用
收藏
页码：85 / 89
页数：5
相关论文
共 50 条
12345