The Theory Of Option Pricing And Its Applications In The Investment Under Uncertainty

In this paper, we concerned the commonality of real options and financial options in the investment under uncertainty, introduced Black-Scholes Model and tried to apply it to the investment under uncertainty as well. We pointed out that good results gotten if we use classical analytic method joined with Black-Scholes Model.The paper had four parts. Firstly, we concerned the commonality of real options and financial options in the investment under uncertainty. Secondly, we introduced Black-Scholes Model. Thirdly, we tried to apply Black-Scholes Model to investment under uncertainty, some examples were given. We also discussed our method and its widely uses in the end.