中文摘要：

综述了国内外复合期权理论、方法及应用的最新研究成果，介绍了复合期权模型在金融资产和实物资产价值评估、公司金融领域等的具体应用。对多期复合期权模型在序列决策方面所具有的优势与应用前景、研究难点及相应的解决方案展开了深入的讨论。

英文摘要：

The development of the theory, methodology and applications of compound option model were reviewed, including valuation of financial assets and real assets, corporation strategy decisions, sequential investment decisions, corporate governance and etc. The advantage and application prospect of multistage compound option in modeling sequential decision were discussed, and the critical difficulties and solutions in actual application pointed out.