A Probe to Real Option Pricing Methods

摘要

Traditional investment appraisal method - discounted cash flow, when appraising some real asset project investment decisions-making, often leads underestimate of the project, even gives up the investment which can be carried out but not meet the investment decision-making need. From the aspect of real option pricing, in the summary of real option pricing of the domestic and foreign at present, this paper analyzes the question existing in real option pricing, and proposes the method of BP nerve networks and genetic algorithm to improve real option pricing.