In this paper, the challenges of information system evolution benefit assessment are reviewed. Classical investment criteria and their advantages and disadvantages with respect to...
One of the major challenges in IT security management is determining how much to spend and where to spend. This requires understanding of the economic issues regarding IT security...
This paper proposes a real options framework for evaluating architectural choices and the economic value of these alternative choices of networks, protocols, and services. Using p...
In this work, we address investment decisions in production systems by using real options. As is standard in literature, the stochastic variable is assumed to be normally distribu...
Real Options for Project Schedules (ROPS) has three recursive sampling/optimization shells. An outer Adaptive Simulated Annealing (ASA) optimization shell optimizes parameters of ...