A management approach for allocating instrument development resources

Space Policy

Volumn 13, Issue 3, 1997, Pages 191-201

  Wessen, Randii R ^a   Porter, David ^a  

^a CALIFORNIA INSTITUTE OF TECHNOLOGY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0031206246     PISSN: 02659646     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0265-9646(97)00014-3     Document Type: Article

References (12)

1. 1 Ruskin, A., What Every Engineer Should Know About Project Management. M. Dekker, New York, 1982.
2. 2 Arrow, K., Uncertainty and the welfare economics of medical care. American Economic Review, 53 (1963) 941-73; and Laffont, J.-J., The Economics of Uncertainty and Information, MIT Press, Cambridge, MA, 1989.
3. 2 Arrow, K., Uncertainty and the welfare economics of medical care. American Economic Review, 53 (1963) 941-73; and Laffont, J.-J., The Economics of Uncertainty and Information, MIT Press, Cambridge, MA, 1989.
4. 3 Akerlof, G., The market for 'lemons': qualitative uncertainty and the market mechanism, Quarterly Journal of Economics 8(9) 1970 488-500; and Laffont, op. cit., Ref 2.
5. 3 Akerlof, G., The market for 'lemons': qualitative uncertainty and the market mechanism, Quarterly Journal of Economics 8(9) 1970 488-500; and Laffont, op. cit., Ref 2.
6. 4 Polk, C., Subcomponent innovation and moral hazard: where technological progress meets the division of labor. Caltech Social Science Working Paper 895, Pasadena, CA, 1994.
7. 5 Cassini Project Policies & Requirements Document, JPL PD 699-004, Rev. D, September 1995, pp. 43-45.
8. 6 Two notable exceptions are the portfolio trading systems run by NetExchange (see the website http://www.nex.com for information) and POSIT (see the website http://www.itg.com/).
9. 7 Ledyard, J. O., Porter, D., & Rangel, A. Using computerized exchange systems to solve an allocation problem in project management. Journal of Organizational Computing, 4(3) 1994 271-296.
10. 8 Hanson, R., Could gambling save science? Encouraging an honest consensus. Social Epistemology 9(1) 1995, 3-33.
11. 9 The market coordinator was essentially a graduate student at Caltech who, on occasion, checked the system, entered bids and sent e-mail to participants describing the current bids.
12. 10 Fawcett, W. G. to PIs and Team Leaders. JPL Memorandum re: Mass Auction Results, Jet Propulsion Laboratory, Pasadena, CA, 17 May 1993.