IT investment project

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.