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。

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When investors had right to delay development for intending oilfield, the investment decision making of the oilfield development project can be similar to American call options.

当投资者对拟开发油田具有延迟开发权利时，油田开发项目的投资决策可类比于美式看涨期权。

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Therefore, this article mainly discussed how to amend and perfect the traditional theory of investment options in the decision-making methods.

因此，本文着重讨论了如何用实物期权理论来修正传统投资决策方法。

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On the other hand, if the employer is asleep at the switch and simply outsources investment decision-making regarding the plan to, say, an insurance company, the investment options will almost certainly be wrapped in a high-cost, high-risk variable annuity.

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