發(fā)布時(shí)間：2018-02-21 07:25

  本文關(guān)鍵詞： 玉米 期權(quán)定價(jià) 二叉樹模型 定價(jià)策略 敏感性分析　出處：《玉米科學(xué)》2017年05期 　論文類型：期刊論文

【摘要】：我國(guó)農(nóng)產(chǎn)品供給總量基本平衡,結(jié)構(gòu)性矛盾日益突出,有效供給量不足導(dǎo)致需求外溢,消費(fèi)能力外流。為解決農(nóng)業(yè)發(fā)展過程中的結(jié)構(gòu)性問題,必須推進(jìn)農(nóng)業(yè)供給側(cè)改革,尤其是促進(jìn)農(nóng)產(chǎn)品價(jià)格機(jī)制的形成。玉米在其定價(jià)過程中引入期權(quán)契約,利用二叉樹期權(quán)定價(jià)模型對(duì)玉米期權(quán)進(jìn)行估值,在此基礎(chǔ)上構(gòu)建關(guān)于農(nóng)戶和玉米貿(mào)易商的期望利潤(rùn)最大化條件下的農(nóng)產(chǎn)品定價(jià)模型,為期權(quán)契約的制定者和持有者做出決策建議,實(shí)現(xiàn)農(nóng)戶和貿(mào)易商的雙贏,提高玉米的供給質(zhì)量和效率,增強(qiáng)我國(guó)農(nóng)業(yè)經(jīng)濟(jì)持續(xù)增加的動(dòng)力,推動(dòng)我國(guó)實(shí)體經(jīng)濟(jì)的整體躍升。
[Abstract]:The total supply of agricultural products in China is basically balanced, the structural contradictions are becoming increasingly prominent, and the insufficient effective supply leads to demand spillover and consumption capacity outflow. In order to solve the structural problems in the course of agricultural development, we must promote the reform of the supply side of agriculture. In particular, it promotes the formation of price mechanism of agricultural products. The option contract is introduced into the pricing process of maize, and the option pricing model of binary tree is used to evaluate the option of corn. On this basis, the pricing model of agricultural products under the condition of maximizing the expected profit of farmers and corn traders is constructed, and the decision suggestions are made for the decision makers and holders of the option contract, so as to realize the win-win situation between farmers and traders. To improve the supply quality and efficiency of corn, to strengthen the motive force of sustainable increase of agricultural economy in China, and to promote the whole leap of real economy in our country.
【作者單位】： 蘭州交通大學(xué)交通運(yùn)輸學(xué)院;
【基金】：甘肅省青年科技基金計(jì)劃項(xiàng)目“基于期權(quán)博弈的農(nóng)超對(duì)接生鮮農(nóng)產(chǎn)品供應(yīng)鏈訂貨策略研究”(1508RJYA103)
【分類號(hào)】：F323.7;F724.5

【相似文獻(xiàn)】

相關(guān)期刊論文 前1條

1 黃志飛;王少華;;障礙期權(quán)的定價(jià)及其在訂單農(nóng)業(yè)中的應(yīng)用[J];時(shí)代金融;2011年15期

相關(guān)重要報(bào)紙文章 前1條

1 特邀嘉賓 鄭商所品種發(fā)展部 魏振祥　武魏巍;借鑒國(guó)際經(jīng)驗(yàn)加快推出農(nóng)產(chǎn)品期權(quán)[N];期貨日?qǐng)?bào);2012年

，

本文編號(hào)：1521367