中文摘要：

为突破传统实物期权理论在物流地产投资决策过程中的不足,引入模糊理论.将梯形模糊数和实物期权B-S定价模型结合,构建物流地产投资决策的模糊B-S（Black-Scholes）期权定价模型,并以A公司物流地产投资项目为例,对A公司物流地产投资规划项目进行体系化的定价模型仿真综合应用.

英文摘要：

In order to break through the lack of traditional real options theory in logistics real estate investment decision process,the fuzzy theory was introduced.Combining with the trapezoidal fuzzy number and the real option pricing B-S model,we built the fuzzy B-S option pricing model of logistics real estate investment decision,and taking A company＇s logistics real estate investment project as an example,and making system and comprehensive simulation using of the pricing model for the investment planning project of A company＇s logistics real estate.