Investigation on Option and Technology Innovation in Decision-Making of Project Investment[J]. Journal of Civil and Environmental Engineering, 2002, 24(2): 70-73.
Investigation on Option and Technology Innovation in Decision-Making of Project Investment[J]. Journal of Civil and Environmental Engineering, 2002, 24(2): 70-73. DOI: 10.11835/j.issn.1674-4764.2002.02.017.
By the analysis of the traditional decision-making on project investment
its three difficulties have been found and the assumptions on base of the decision-making are presented. Starting from the assumption
the theory of option and the theory of technology innovation were introduced to revise the traditional decision-making and to endow it with new significance. As a result
the accurate and proper information could be offered to the decision-maker in time.