A Fuzzy Real Option Model for Information Technology Investment Evaluation

摘要：

Nowadays,more and more enterprises are making large investment in information technology (IT). However,the costs seem readily identifiable,and many of the benefits are elusive. Effective methodologies are needed to solve the complicated evaluation problems resulting from the IT investment decision-making. In this paper we develop a comprehensive and practical methodology,which is based on real options and extended with fuzzy set theory,to evaluate IT investment project. And because the IT project usually involves multiple phases and has not only one option,we improve the fuzzy real option model with compound options. An example is used to illustrate the proposed approach.

关键词： Fuzzy real option Information technology Investment evaluation

作者: Weimin Ma Xiujuan Ma

作者单位: School of Economics and Management,Tongji University Shanghai 200092,China School of Economics and Management,Beihang University Beijing 100083,China

会议类型: 国际会议

会议名称: 第11届信息学与组织符号学国际会议(11th International Conference on Informations and Semiotics in Organisations)

会议地点: 北京

会议语种:英文

页码: 485-491

在线出版日期: 2009-04-11（万方平台首次上网日期，不代表论文的发表时间）