对外直接投资的行为决策和模式选择都依赖于未来的不确定性。面对不确定性,期权分析具有独特的优越性。进入20世纪90年代,实物期权理论开始在国际直接投资中得到应用。一、实物期权理论在未来不确定的情况下,企业在决定是否进行投资时,传统的决策 Foreign direct investment decision-making behavior and model choices are dependent on the uncertainty of the future. In the face of uncertainty, option analysis has unique advantages. Into the 90s of the 20th century, the theory of real options began to be applied in international direct investment. First, the theory of real options In the uncertain future, enterprises in the decision whether to invest, the traditional decision-making