But as option theory indicates, when the earnings of a few companies turn sharply negative, there is a big difference between the two methodologies.
但是正如选择理论表明的，当少数公司的盈利情况突然变负，这两种方法就会有巨大的差别。
It is a fundamental theorem of option theory that the sum of the option prices on individual firms is worth more than a single option on the value of all the firms.
选择理论的基本定理是单一公司的所有选择权价格的综合大于所有公司单一选择权价格的总合。
Two academics who had studied, or taught, at the University of Chicago, Fischer Black and Myron Scholes, developed a theory of option pricing.
两个在芝加哥大学求过学的学者，FischerBlack及Myron Scholes共同开发出了期权交易价格理论。
The accounting confirmation of executive stock option is very important in accounting theory and practice.
经理人股票期权的确认问题是亟待解决的会计理论和实践问题。
Most important, even real option theory admits that you should take the first offer if it is good enough.
最重要的是，甚至连实物期权理论都承认，如果第一个工作机会足够好，你就应当接受。
From theory significance, the option theory is one of the most great discovery of economics and management science kingdom on the 20th century.
从理论意义上讲，有关期权理论可以说是20世纪经济学，管理科学领域最伟大的发现之一。
The principle of comparative advantage provides a unifying base for studying the theory of international trade and the option of trade policy.
比较利益原理为国际贸易理论研究和政策选择提供了统一的基础性分析框架。
Although stock option has strong incentive effects in theory, there is no compellent evidence of stock option system's positive effects on firm's performance.
虽然在理论上股票期权具有很强的激励作用，但是至今没有令人信服的实证结果说明股票期权制度对企业绩效的促进效果。
The traditional cash flow analysis method hardly assess the value of high tech enterprise correctly, while the option pricing theory can compensate the traditional pricing method shortage.
价值评估机制是风险投资战略联盟的重要机制，传统现金流分析法难以准确评估高新技术企业的价值，但期权定价理论却可弥补传统定价方法的不足。
The result show that using compound option theory in the investment decision of mining projects can better reflect the uncertainty and managerial flexibility in a way.
研究表明，运用复合期权理论进行矿业工程投资决策，在某种程度上能更好地反映不确定性和管理灵活性的价值。
As one of the most successful application of mathematics in economics, modern option pricing theory plays an important role in economic study.
作为数学理论在经济学中最成功的应用之一，现代期权定价理论在经济研究中有着重要应用。
This article brings forward the methods of appraising the value of human resources in universities and puts the option pricing theory into it.
在提出高校人力资源价值估价的方法基础上，将期权定价理论拓展后应用到高校人力资源价值的评价中。
However, to"prevent trouble before it happens", we need have a clear and intact master on the ins and outs of stock option theory & practice.
为“防患于未然” ，要求我们对股票期权理论及其实证研究的来龙去脉有一个清晰和完整的掌握。
To mitigate the risks, this paper presents a concept of interruptible options and corresponding mathematic model based on the option theory.
为了规避这种风险，基于期权理论，提出了断电期权的概念，并建立了相应的数学模型。
Lastly, the article applies real option theory to valuate enterprise investment decision.
最后，本文将实物期权理论应用到企业投资决策中。
The additional value can be computed by real option theory methods, calculated by improved discounted cash flow method and allocated by specialist marking methods.
并购附加价值分别由实物期权理论方法、由改进的折现现金流法和专家打分法计算和分配。
Option theory is one of the greatest findings in the area of the world's economics in the 20th century.
期权理论是20世纪世界经济学领域最伟大的发现之一。
Chapter 3 introduce the option theory and option pricing theory.
第3章，介绍期权理论和期权定价理论。
Moreover, getting scientific explanation about why close fund discount bargain in the help of option theory.
本文用期权理论对封闭式基金进行定价，从而得到了新基金折价交易的科学解释。
Secondly, the section actual situation of real option, game theory and price theory.
其次介绍了实物期权理论、博弈论和企业价值评估和定价理论的研究现状；
So measuring value of material option by pricing theory option is a break-through method and can be more scientific and reasonable.
将期权定价理论应用于度量实物期权的价值，是对传统财务决策方法的突破，使企业财务决策行为更为科学化、理性化。
If core competence is viewed as a put option, we can use option Pricing Theory to assess it.
如果把核心能力视作一个看跌期权，我们可以应用期权定价公式对核心能力进行评估。
The theory of real option is an application of financial option theory in investment decision. It is one of the most recently developed in the field.
实物期权理论是金融期权理论在投资决策中的运用，是当今投资决策领域最前沿的研究之一。
Option pricing theory is the main footstone for financial engineering.
期权定价理论是金融工程的主要理论基石。
By using the real option theory, all sorts of options can be analyzed quantitatively under an uncertain condition, which provides a useful framework for investment decision.
利用实物期权理论可以对不确定性条件下的各种选择权进行定量分析，从而提供一个有用的投资决策框架。
Real option, as a new theoretical approach, derived from finance option theory, was gradually applied to such fields as investment decision making, financial management, and value assessment.
实物期权是一种来自于金融衍生工具的新理论方法，正逐步广泛地应用在投资决策、财务管理、价值评估领域。
The paper combined the option theory with the water rights transaction and brings forward the transaction mode of water rights option. The main role of the mode is to avoid the risk of prices.
本文将期权理论与水权交易相结合，提出水权期权交易模式，指出该交易模式具有转移风险、价格发现、交易成本低、方便、高效、安全性强等特点，其主要作用是可以有效地规避水权价格波动产生的风险。
The value of objective corporation itself can be calculated by traditional firm valuation methods and then adjusted by real option theory.
目标企业自身的价值由传统的折现现金流法计算，并通过实物期权理论调整。
Real options is a new field where the option theory is applied in financial management.
实物期权是期权理论在财务管理实务中的一个新型应用。
This paper use the option theory to create a distribution contract, price the returning right included in the contract, and provide a reference for enterprises and dealers sharing risks.
利用期权思想构建一份经销合同，对合同中包含的返回权定价，为企业和经销商共同承担风险提供了参考依据。
应用推荐