The bounded rationality bias in managerial valuation of real options: Theory and evidence from IT projects

Decision Sciences

Volumn 38, Issue 1, 2007, Pages 157-181

  Tiwana, Amrit ^a   Jijie, Wang ^b   Keil, Mark ^b   Ahluwalia, Punit ^c  

^a IOWA STATE UNIVERSITY   (United States)

^b GEORGIA STATE UNIVERSITY   (United States)

^c UNIVERSITY OF TEXAS PAN AMERICAN   (United States)

Author keywords

Bounded rationality; Decision errors; Empirical study; Judgment heuristics; Managerial biases; Project assessment; Project management; Real options; Satisficing; Selective search; Software development; Technology development decisions

Indexed keywords

EID: 34047133233     PISSN: 00117315     EISSN: 15405915     Source Type: Journal    
DOI: 10.1111/j.1540-5915.2007.00152.x     Document Type: Article

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