Option value: theory and measurement
回顾了期权价值理论及其与信息价值的关系，通过一个半真实半假设的例子展示如何测度期权价值，并探讨用条件估值法估算期权价值的可能性。
In this paper we provide a theoretical review of option value and its relationship to a more familiar concept in decision analysis, the value of information. We further show how option value might be measured with the aid of a partly realistic and partly hypothetical example. Finally, we consider how contingent valuation techniques might be used to estimate option value.