回顾了投资项目评价方法的发展,分析了现有评价方法之间的关系。然后,从投资项目的收益流、投资价值、投资成本、投资时机、影响因素丝及应用范围等方面,对已有投资项目评价方法进行了比较分析。最后,通过将期权博弈方法与其它评价方法进行两两比较,讨论了期权博弈方法的优越性,指出期权博弈方法是目前战略投资环境中评价项目价值最可靠、最合理的方法。
This paper reviews the development of the evaluation methods of investment and analyzes the relationship among the existing evaluation methods. Then it carries out a detailed comparative analysis of the evaluation methods in terms of the flow of the investment, investment value, the cost and opportunities of the investment, influencing factors and the scope of application. At last, it compares the option games with other evaluation methods and discusses the superiority of the option games. It points out that option games is the most reliable and reasonable approach to evaluating the investment value under the strategic investment environment currently.