Justifying electronic banking network expansion using real options analysis

MIS Quarterly: Management Information Systems

Volumn 24, Issue 2, 2000, Pages 197-223

  Benaroch, Michel ^a   Kauffman, Robert J ^b  

^a SYRACUSE UNIVERSITY   (United States)

^b UNIVERSITY OF MINNESOTA   (United States)

Author keywords

Black Scholes model; Electronic banking networks; Investment decision making under uncertainty; IT investment evaluation; Option pricing models; POS debit systems; Project investments; Real options

Indexed keywords

DECISION MAKING; INVESTMENTS; PARAMETER ESTIMATION; POINT OF SALE TERMINALS; RESEARCH; RISKS;

BLACK-SCHOLES MODEL; ELECTRONIC BANKING NETWORKS; INVESTMENT DECISION MAKING UNDER UNCERTAINTY; IT INVESTMENT EVALUATION; OPTION PRICING MODELS; POS DEBIT SYSTEMS; PROJECT INVESTMENTS; REAL OPTIONS;

INFORMATION TECHNOLOGY;

EID: 0001662131     PISSN: 02767783     EISSN: None     Source Type: Journal    
DOI: 10.2307/3250936     Document Type: Article

References (6)

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4. Dos Santos, B. L. "Justifying Investment in New Information Technologies," Journal of Management Information Systems (7:4), Spring 1991, pp. 71-89.
5. nd ed.), Prentice Hall, Englewood-Cliffs, NJ, 1993.
6. Kambil, A., Henderson, J. C., and Mohsenzadeh, H. "Strategic Management of Information Technology: An Options Perspective," in Strategic Information Technology Management: Perspectives on Organizational Growth and Competitive Advantage, R. D. Banker, R. J. Kauffman, and M. A. Mahmood (eds.), Idea Group Publishing, Middletown, PA, 1993.