The valuation of China venture capital guiding fund policy based on options model

被引:0
|
作者
Hu, Kui [1 ]
Tang, Zhi [1 ]
Liang, Xun [1 ]
机构
[1] Peking Univ, Inst Comp Sci & Technol, Beijing 100871, Peoples R China
关键词
D O I
暂无
中图分类号
TP [自动化技术、计算机技术];
学科分类号
0812 ;
摘要
In this paper, we analyze the China venture capital guiding fund policy based on options model. Options theory determines the present value of a future uncertainty interest. Following this principle, we propose the methods to valuate the policy with both Monte Carlo simulation and numerical analysis technique on Black-Scholes methed. Our work is a remarkable step towards the quantitative analysis of public policies using options theory.
引用
收藏
页码:25 / 30
页数:6
相关论文
共 50 条
  • [1] Study on the Guiding Effects of the Government Venture Capital Guiding Fund Based on Markowitz Mean-Variance Model
    Chen, Zhiqiang
    Zhang, Hongmei
    Tian, Meijuan
    [J]. 2ND INTERNATIONAL CONFERENCE ON EDUCATION, E-LEARNING AND MANAGEMENT TECHNOLOGY (EEMT 2017), 2017, : 519 - 523
  • [2] Research On The Performance Evaluation of Government Venture Capital Guiding Fund Based On DEA Cluster
    Dong, Jianhong
    Zhang, Hongmei
    Zhou, Yongjun
    [J]. PROCEEDINGS OF THE FIFTH SYMPOSIUM OF RISK ANALYSIS AND RISK MANAGEMENT IN WESTERN CHINA (WRARM 2017), 2017, 152 : 326 - 331
  • [3] Review of Domestic and Foreign Study on the Government Venture Capital Guiding Fund
    Zhang, Mu
    Huang, Yaxi
    [J]. 2017 4TH ICSSH CONFERENCE ON ECONOMIC DEVELOPMENT AND MANAGEMENT (ICSSH-EDM 2017), 2017, 99 : 243 - 248
  • [4] Simulating the Effects of Fund Valuation Policies on the Measurement of Risk in Venture Capital
    Grossi, Tom
    [J]. JOURNAL OF PRIVATE EQUITY, 2006, 10 (01): : 49 - 60
  • [5] Fund size, limited attention and valuation of venture capital backed firms
    Cumming, Douglas
    Dai, Na
    [J]. JOURNAL OF EMPIRICAL FINANCE, 2011, 18 (01) : 2 - 15
  • [6] CHINA'S WUXI STARTS VENTURE CAPITAL FUND
    不详
    [J]. CHEMICAL & ENGINEERING NEWS, 2011, 89 (47) : 17 - 17
  • [7] Study on Venture Capital Fund of Central China Rising in Wuhan
    Yang, Qing
    Lu, Hao
    Shan, Xueyu
    [J]. 2009 SECOND INTERNATIONAL CONFERENCE ON FUTURE INFORMATION TECHNOLOGY AND MANAGEMENT ENGINEERING, FITME 2009, 2009, : 39 - 42
  • [8] Venture capital evaluation model using real options
    Lin, Tyrone T.
    Tu, Chia-Jung
    [J]. JOURNAL OF INTERDISCIPLINARY MATHEMATICS, 2007, 10 (04) : 459 - 477
  • [9] Determinants of Investment Timing of Government Venture Capital Guiding Funds in China
    Cui, Jing
    Zhang, Shuqin
    Yin, Xianan
    Xu, Kun
    [J]. DISCRETE DYNAMICS IN NATURE AND SOCIETY, 2021, 2021
  • [10] Research on Financing Guiding Role of Government in Venture Capital based on Economic Analysis Model
    Li Jianing
    [J]. AGRO FOOD INDUSTRY HI-TECH, 2017, 28 (01): : 1219 - 1222