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Valuing Modularity as a Real Option [PDF]

open access: possibleManagement Science, 2009
We provide a general valuation approach for capital budgeting decisions involving the modularization in the design of a system. Within the framework developed by Baldwin and Clark (Baldwin, C. Y., K. B. Clark. 2000. Design Rules: The Power of Modularity.
Andrea Gamba, Nicola Fusari
openaire   +3 more sources

Surfing as a real option

Proceedings of the first international conference on Information and computation economies, 1998
One of the predominant modes of accessing information in the World Wide Web consists in surfing from one document to another along hypermedia links. We have studied the dynamics of Web surfing within an economics context by considering that there is value in each page that an individual visits, and that clicking on the next page assumes that the ...
Rajan M. Lukose, Bernardo A. Huberman
openaire   +1 more source

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