本文的研究成果主要包括：（1）构建了模糊实物期权在风险投资决策中的应用框架，明确了项目决策的具体步骤。

Summarizing the paper, the conclusions are as follows:(1) Constructed the application framework of fuzzy real option in capital investment, defined the concrete steps of project decision-making.

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如模糊概念、灰色概念，属性概念和随机概念等都是不确定性概念，实物期权擅长于研究不确定理论。

All are the concept of uncertainty such as the fuzzy concept, the concept of gray, the concept of random and the concept attributes. The theory of real options excels in the study of uncertainty.

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如模糊概念、灰色概念，属性概念和随机概念等都是不确定性概念，实物期权擅长于研究不确定理论。

All are the concept of uncertainty such as the fuzzy concept, the concept of gray, the concept of random and the concept attributes. The theory of real options excels in the study of uncertainty.

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