Research on Dynamic Investment Decision-making of Low-carbon Electric Vehicle under the Uncertain Environment

DOI

10.2991/msie-15.2015.18How to use a DOI?

Keywords

The uncertain environment; Low carbon electric vehicle; Low carbon technology; Real option; Dynamic investment.

Abstract

Under the development of low-carbon economy, low-carbon electric cars can effectively substitute conventional cars, and help to ease the problems of global energy crisis and environmental pollution. This thesis analyzes the uncertain factors which influence the low-carbon electric cars, and applies the real option theory in combination with the current stages of low-carbon electric vehicle development in our country to set up the Dynamic Investment Decision-making Model based on the Real Option Theory. It also provides modification and supplements for the traditional Net Present Value Method. Through the analysis of numerical calculation, it verifies the operability and scientific validity of the Dynamic Investment Decision-making Model on the low-carbon technology investment decision-making problems of low-carbon electric cars. Finally, we put forward the effective ways to promote the development of low-carbon electric cars in our country.

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Wenke Wang
AU  - Jie Gao
AU  - Lin Sun
AU  - Shuangyu Yang
AU  - Ying Liu
PY  - 2015/11
DA  - 2015/11
TI  - Research on Dynamic Investment Decision-making of Low-carbon Electric Vehicle under the Uncertain Environment
BT  - Proceedings of the 2015 International Conference on Management Science and Innovative Education
PB  - Atlantis Press
SP  - 79
EP  - 84
SN  - 2352-5398
UR  - https://doi.org/10.2991/msie-15.2015.18
DO  - 10.2991/msie-15.2015.18
ID  - Wang2015/11
ER  -