摘要
投资是实现企业价值最大化的主要手段和实施战略管理的重要内容。随着社会发展和科技进步,投资决策逐步由主观决策到科学决策转变;价值估价逐步由传统方法向现代方法转变;决策人由理性假设到有限理性假设拓展;决策行为由“理论上无人参与”到受到竞争者行为影响发展等。本文按照系统分析的观点,在对经济学、金融学等理论方法发展分析的基础上,对投资估价与决策理论研究的方法与方法论进行系统化分析,为决策者选择理论方法提供指导,为进一步的研究提供支持。
Investment is the main means to optimize corporation value and carry out operating strategy. With the development of society and science, investment decision-making has changed from subjectively to scientifically, and evaluation theory become from traditional approach to modern approach, and decision-makers been regarded as from rationality to limit rationality,while decision-making behavior has become from “few people participation” to competition effects. The thesis analyses the method and methodology of theoretical research to investment valuation and decision-making to help decision-makers to select approach, and to support research framework to researcher, according to systematic analysis under the development of methodology and theory of economics and finance.
出处
《西北农林科技大学学报(社会科学版)》
2005年第4期38-43,共6页
Journal of Northwest A&F University(Social Science Edition)
基金
国家自然科学基金资助项目(79970039
70741062)
关键词
价值估价
实物期权
期权博弈
行为公司金融
方法论
evaluation
real option
option game
behavioral corporate finance
methodology