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期权博弈方法把实物期权和博弈论结合起来,在不确定性条件和竞争环境下,为企业提供项目的投资估价和决策,以实现投资项目价值的最大化。竞争环境下的矿山企业博弈参与方不再局限于对称双寡头,而是考虑了序贯均衡阶段的多寡头矿山企业,在进行项目投资决策时,可假设投资初期成本各不相同,建立多寡头矿山企业期权博弈基本价值的价值函数和最佳投资时机进行研究。
The option game method combines the real option and the game theory to provide the enterprise with the project investment valuation and decision-making under the conditions of uncertainty and competition so as to maximize the value of the investment project. In the competitive environment, participants in mining enterprises are no longer confined to symmetric duopoly but rather multi-oligopoly mining companies that consider the sequential equilibrium stage. When making investment decisions, it can be assumed that the initial investment costs are different and the number of oligopolists The value function of the basic value of option game in mining enterprises and the optimal investment opportunity are studied.