Pricing Based on the Binary Tree Model under Public Infrastructure Projects

Article Preview

Abstract:

[Purpos] In order to address the problem of pricing public infrastructure project based on the binary tree model. [Metho] By the real option binary tree model. [Conclusion This article makes a pricing research on public infrastructure projects to. At the same time, this article makes policy recommendations for the investment powers and the government respectively.

You might also be interested in these eBooks

Info:

Periodical:

Advanced Materials Research (Volumes 756-759)

Pages:

2971-2974

Citation:

Online since:

September 2013

Authors:

Export:

Price:

Permissions CCC:

Permissions PLS:

Сopyright:

© 2013 Trans Tech Publications Ltd. All Rights Reserved

Share:

Citation:

[1] John•Hull. Options, futures and other derivatives.Huaxia press,1997.

Google Scholar

[2] Chunpeng Yang. Real options and its application.Fudan University press,2003,25-53.

Google Scholar

[3] Weihua Zeng.The real option method in investment decision of real estate development application.Wuhan university,2004.

Google Scholar

[4] Yongfeng Zhang,Hanlin Chen.Oil and gas exploration and development project real option model research.Natural gas industry,2006,(2),138-141.

Google Scholar

[5] Han T J Smit.Infrastructure Investment as a Real Options Game:the Case of European Airport Expansion.Financial Management,2003,(2):5-35.

Google Scholar

[6] Han T J Smit,Lenos Trigeorgis.Strategic Investment: :Real Options and Games. Princeton University Press,2004: 72-118.

Google Scholar

[7] Guohua Li,Kai Li. The application of real option's the binary tree model.: investment under uncertain environment.Journal of Jiangxi Finance and Economics University,2002,(3):50-53.

Google Scholar