We can account Human Capital of the enterprisers by using F. Black - M. scholesmodel of optionpricing. Through this model, we can get the reasonable price when we inspire a special Human Capital.
Drawing lessons from economic Value-added concept, capital-asset-pricingmodel and Black-Scholes model, we have designed the phantom stock option plan of Liutie material company.
The optionpricing problem is one of the important research topics in the field of financial economics. The Black-Scholesmodel has provided the way for people to study this issue.