期刊名称:Dresden Discussion Paper Series in Economics / Dresden University of Technology, Faculty of Business Management and Economics
印刷版ISSN:0945-4829
出版年度:2006
卷号:1
出版社:Dresden
摘要:To explain the strategic dimension in pricing options, it will be helpful to go back to the heart of the idea behind the
concept of an option: options open up the possibility to postpone current decisions to a future point of time. Because of
this flexibility additional information and new experiences can be taken into consideration. There are advantages and
benefits resulting from this flexibility. The value of the option with the probabilities of the states of nature occurring.
These probabilities will turn out the strategic decision variables of a new player as explained in the paper.
关键词:Financial Option, Real Option, Option Premium Game