Investment Under Uncertainty in Information Technology: Acquisition and Development Projects
نویسندگان
چکیده
منابع مشابه
Investment Under Uncertainty in Information Technology: Acquisition and Development Projects
In this paper, we develop two models for the valuation of information technology (IT) investment projects using the real options approach. The IT investment projects discussed in this paper are categorized into development and acquisition projects, depending upon the time it takes to start benefiting from the IT asset once the decision to invest has been taken. The models account for uncertaint...
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ژورنال
عنوان ژورنال: Management Science
سال: 2003
ISSN: 0025-1909,1526-5501
DOI: 10.1287/mnsc.49.1.57.12753