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...
“Real options” is often viewed as a valuable managerial tool of flexibility and exploration in new technology investment. Real options theory has been criticized, however, due...
This paper presents a method for assessing small hydropower projects that are subject to uncertain electricity prices. We present a real options-based method with continuous scali...
We highlight some of the challenges in valuing flexibility and investment decisions in Software Product Line Architectures (SPLA). We explain the limitations of traditional approa...
Little research has examined the relevance of real options for valuation of information technology (IT) investments for prioritizing a portfolio of projects. When the effect of pr...
Indranil R. Bardhan, Robert J. Kauffman, Sanjeewa ...