A Research on the Application of Option Games Evaluation in Capital Investment Projects

摘要

Option Game Evaluation is an important method in the activities of capital investment project evaluation. This paper, based on briefly appraising Option Game Evaluation Method, puts forward an extended NPV model of investment in capital projects, and then, comparing with the traditional method, it fully analyzes Option Game Evaluation Theory, the application of principles and characteristics of R&D projects. Finally, it goes to have the equilibrium analysis on R&D projects by using Option Game Evaluation Method and draws an important research conclusion.