采礦權(quán)出讓評估的實(shí)物期權(quán)法研究.pdf

1、內(nèi)蒙古科技大學(xué)碩士學(xué)位論文采礦權(quán)出讓評估的實(shí)物期權(quán)法研究姓名：柳淑珍申請學(xué)位級別：碩士專業(yè)：采礦工程指導(dǎo)教師：王文才20090527內(nèi)蒙古科技大學(xué)碩士學(xué)位論文AbstractWitIlrapiddevelopmentofminingrightsmarket，projectsinassessmentofthetransferofminingrightsbecomemoreandmorehugeTraditionalassessmentme

2、thodshavesomeinadequaciesTheaccuracyofassessmentresultsofminingrightsdirectlyaffectsmarkettransactionandcountrysinterestsThereforeimprovingassessmentofminingrightsmethodbecomesparticularlyimportantThispaperstudiesassessm

3、entofminingrightsmethodsinChinaatfirstandthenanalysesassessmenttheorysystematicallyDiscountedcashflowmethodiscommonlyusedinassessmentofthetransferofminingrightsatpresentButthemethodfailstotakeintoaccountthemobilityofcash

4、flowandneglectsuncertaintiesfactorsTheshortcomingsoftenleadtounderestimatetherealvalueeasilySothepaperproposessaleofminingrightsassessmentoftherealoptionmethodItisdifferentfromthetraditionalmethodsThestartiIlgpoilltistim

5、elyteflectvalueandpotentialvalue，whichisbasedonmarketvaluefluctuations。ItscorecontentisbasedonchangesinmarketingenvironmentwithdynamicdecisionmakingprocesstostudyintrinsicvalueofminingrightsItcombinesmanagementflexibilit

6、yanduncertaintywithstrategicintheprocessoftransferTherealoptionsmethodmakesapriceforlabormobilityandstrategicadaptationfirstlyandthenconsidersuncertaintiesinminingrightsundertheconditionsofassumption。Thetheoreticalanalys

7、isprovesthatrealoptionsmethodismoresuitableforassessingthetransferofminingrightsthandiscountedcashflowmethodFinallythepapertakesInnerMongoliaNiujialiangmillecoalasanexampleandassessesitstransferofminingrightsbyuSillgdisc

8、ountedcashflowmethodandrealoptionsmethodItalsousesBlackScholesOptionPricingModelandBinomialoptionpricingmodelinrealoptionsmethodAftercomparingassessmentresults，itcomestOtheconclusionthatrealoptionsmethodcomesclosertealva