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Decision Support for IT Investment Projects

URN to cite this document:
urn:nbn:de:bvb:355-epub-338535
DOI to cite this document:
10.5283/epub.33853
Müller, Marcel Philipp ; Stöckl, Sebastian ; Zimmermann, Steffen ; Heinrich, Bernd
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Date of publication of this fulltext: 08 Jun 2016 08:15


Abstract

Managerial flexibilities have to be taken into account in ex-ante decision-making on IT investment projects (ITIPs). In many papers of the IS literature, standard financial option pricing models are used to value such managerial flexibilities. Based on a review of the related literature, the paper critically discusses the assumptions of the most frequently used financial option pricing model, ...

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