Abstract The Real Options approach to decision-making has been useful in capturing and
valuing the flexibility inherent in many operating decisions that decision makers are faced …

The aim of this article is to propose a novel approach based on a method called Decision-
Making Trial and Evaluation Laboratory (DEMATEL) and patent citation analysis for …

This paper synthesizes recent empirical archival research investigating the link between
information technology investment and business value. It examines (1) financial and …

Today's IT project portfolios (ITPP) contain many projects and varied interdependencies.
Depending on a project's criticality to the ITPP, a failure can have massive consequences …

This study examines the value and the best time period to expand the investment of an
airport infrastructure project by operating a flight school, skydiving center and guesthouse on …

This paper investigates the relationship between market conditions and the value and use of
sourcing flexibility for service processes. We develop and analyze a series of models, and …

Researchers and practitioners are dealing intensively with the real option valuation. One of
the generalised types is reversible the multi-mode American real options. These options are …

Due to the high levels of flexibility and uncertainty associated with the deployment of RFID
technology in the supply chain (eg alternative investment implementations based on the …

This paper presents a comprehensive decision-making framework for evaluating a portfolio
of IT projects. A problem of IT project selection with and without project interdependencies is …

In this paper, we present a fuzzy linguistic ontology payoff method for the valuation of real
options in the aerospace industry. Using real data, we apply the fuzzy linguistic approach to …