Historic teaching & evluations
Links to Code & Data
Towards a Well-Founded Valuation of Managerial Flexibilities in IT Investment Projects - A Multidisciplinary Literature Review
Based on a multidisciplinary literature review, we discuss the assumptions implicit in the prevalent Black-Scholes model and argue for relaxed assumptions that better represent characteristics of uncertain IT projects.
Decision Support for IT Investment Projects
This paper explores the statistical and economical significance of intraday and -week patterns in bid-ask spreads.