The two-factor model of evaluating mining rights of coal resources based on options

• 作 者: 张金锁 邹绍辉 师新民
• 机 构: SchoolofManagement,DepartmentofForeignLanguage
• 出 处: Journal of Coal Science & Engineering(China)
• 发表日期: 2008年2期
• 关键词: 多敏感器 信息融合 边坡 状态估计 滤波计算 coal resources mining rights real option stochastic co

<正> MRCR could be regarded as a multi-stage compounding real option,based on option theory,assuming the convenience yield of coal reserves to be constant,built a one-factor model of valuating MRCR with the stochastic value of coal reserves.On the ba