DocumentCode
2538782
Title
The valuation of china venture capital guiding fund policy based on options model
Author
Hu, Kui ; Tang, Zhi ; Liang, Xun
Author_Institution
Peking Univ., Beijing
fYear
2007
fDate
7-10 Oct. 2007
Firstpage
2788
Lastpage
2793
Abstract
In this paper, we analyze the China venture capital guiding fund policy based on options model. Options theory determines the present value of a future uncertainty interest. Following this principle, we propose the methods to valuate the policy with both Monte Carlo simulation and numerical analysis technique on Black-Scholes method. Our work is a remarkable step towards the quantitative analysis of public policies using options theory.
Keywords
Monte Carlo methods; numerical analysis; venture capital; Black-Scholes method; China venture capital guiding fund policy; Monte Carlo simulation; options theory; Acceleration; Cost accounting; Economic indicators; Government; Investments; Numerical analysis; Pricing; Public policy; Uncertainty; Venture capital;
fLanguage
English
Publisher
ieee
Conference_Titel
Systems, Man and Cybernetics, 2007. ISIC. IEEE International Conference on
Conference_Location
Montreal, Que.
Print_ISBN
978-1-4244-0990-7
Electronic_ISBN
978-1-4244-0991-4
Type
conf
DOI
10.1109/ICSMC.2007.4413577
Filename
4413577
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