考虑公益性的低碳技术转让期权定价研究

发布时间：2018-01-06 19:04

本文关键词：考虑公益性的低碳技术转让期权定价研究　出处：《西南石油大学》2013年硕士论文　论文类型：学位论文

【摘要】：低碳技术是低碳经济发展的关键,低碳经济的发展使低碳技术交易更加频繁。由于低碳技术的特殊性,低碳技术转让价格的确定没有一个合理公平的评价标准,交易双方无法达成共识,导致技术转让成本增加,技术成果的转化率也随之降低。当前技术转让定价方法众多,各有其合理性,但不论哪种定价模型,都是在分析技术商品价格影响因素的基础上,重点研究技术的经济效益指标对技术价格的影响,缺乏对其社会效益的系统研究。低碳技术是涉及多个领域的为控制温室气体排放而研发的一系列技术的统称,可见,低碳技术具有较强的正外部性。低碳技术所带来的社会效益和生态效益对其价值具有较大影响。因此,本文的研究目的就是将低碳技术的公益性指标纳入低碳技术转让定价模型之中,以科学合理的反应低碳技术的真实价值。本文在技术商品价格理论、技术经济学、期权定价理论等的基础上,运用比较分析方法以及定性分析和定量分析相结合的方法研究低碳技术转让定价问题。本文的主要研究内容有三部分,首先分析了低碳技术的价值属性,重点分析了低碳技术公益性、不确定性和期权特性三个基本属性；其次是实物期权在低碳技术转让定价中的适用性分析,在明确实物期权的应用条件的基础上,分析了低碳技术转让定价的各个要素以及低碳技术受让方所具有的灵活性决策,并提出相关假设条件,便于后面定价模型的构建；最后是基于实物期权的低碳技术转让定价方法的研究,分别从未考虑公益性和考虑公益性两个角度来构建期权定价模型。考虑公益性的低碳技术转让定价方法研究中,引入投资效率这一参数,将低碳技术公益性纳入定价模型之中,改进了已有的期权定价模型,进而得出低碳技术转让定价模型。
[Abstract]:Low-carbon technology is the key to the development of low-carbon economy, the development of low-carbon economy makes low-carbon technology trade more frequently. Because of the particularity of low-carbon technology, there is no reasonable and fair evaluation standard to determine the price of low-carbon technology transfer. The two sides of the transaction can not reach a consensus, resulting in technology transfer costs increase, the conversion rate of technology results is also reduced. Currently, there are many pricing methods for technology transfer, each has its rationality, but no matter which pricing model. On the basis of analyzing the influencing factors of the technology commodity price, the paper focuses on the influence of the technology economic benefit index on the technology price. Lack of systematic research on its social benefits. Low carbon technology is a series of technologies involved in many fields to control greenhouse gas emissions, can be seen. Low carbon technology has strong positive externalities. The social and ecological benefits of low carbon technology have great influence on its value. The purpose of this paper is to put the public welfare index of low carbon technology into the pricing model of low carbon technology transfer, so as to reflect the real value of low carbon technology scientifically and reasonably. This paper is based on the theory of technical commodity price, technical economics, option pricing theory and so on. Using the comparative analysis method and qualitative analysis and quantitative analysis method to study the low carbon technology transfer pricing problem. The main research content of this paper is three parts. Firstly, the value attribute of low carbon technology is analyzed. Three basic attributes of low carbon technology, public welfare, uncertainty and option characteristics, are analyzed emphatically. Secondly, it analyzes the applicability of real options in low-carbon technology transfer pricing, on the basis of clear application conditions of real options. This paper analyzes the elements of low-carbon technology transfer pricing and the flexibility decision of low-carbon technology transferee, and puts forward relevant assumptions to facilitate the construction of pricing model. Finally, the paper studies the pricing method of low-carbon technology transfer based on real options. The option pricing model is constructed from the perspective of not considering the commonweal and the commonweal respectively. The parameter of investment efficiency is introduced into the study of low-carbon technology transfer pricing method considering the commonweal nature. The commonweal nature of low-carbon technology is brought into the pricing model, and the existing option pricing model is improved, and the pricing model of low-carbon technology transfer is obtained.
【学位授予单位】：西南石油大学
【学位级别】：硕士
【学位授予年份】：2013
【分类号】：F205;F830.9

【参考文献】