When should a manager invest in new technology? This paper provides guidelines for deciding when to invest in microcomputers. The authors argue that the technology and marketplace of micros today fits the conditions of the declining cost paradox observed by Eden and Ronen (1988). Under these conditions, a decision to defer purchasing equipment until the future to take advantage of hardware price decreases may lead to higher overall costs. The paper concludes with recommendations for the manager confronted with the decision of when to purchase microcomputer technology.Information Systems Working Papers Serie
Introduction Many studies indicate that there are numerous factors that promote or hamper the adop...
We study the optimal investment policy of a firm facing both technological and cash-flow uncertainty...
Recent literature suggests that microcomputers will be quickly adopted by organizations, often witho...
When should a manager invest in new technology? This paper provides guidelines for deciding when to ...
The declining prices of new technology products often results in a tendency for many decision makers...
The declining prices of new technology products often leads decision makers to postpone a capital in...
The value of installed computers falls rapidly and therefore computers have a very high user cost. T...
One of the most disappointing features of U.S. economic performance over the past 20 years has been ...
The prices of technological equipment have seen significant declines in recent decades. In Chapter 2...
This paper develops a model of technological progress in the microprocessor industry that connects t...
We determine the optimal timing for replacement of an emerging technology facing uncertainty in bot...
Since commercial computers were first introduced in the early 1950s, their role, power, and importan...
This article investigates the welfare implications of the rapid innovation in central processing uni...
Thesis: M.B.A., Massachusetts Institute of Technology, Sloan School of Management, 2015. In conjunct...
As new computer hardware becomes available offering better performance at a lower price, computer ac...
Introduction Many studies indicate that there are numerous factors that promote or hamper the adop...
We study the optimal investment policy of a firm facing both technological and cash-flow uncertainty...
Recent literature suggests that microcomputers will be quickly adopted by organizations, often witho...
When should a manager invest in new technology? This paper provides guidelines for deciding when to ...
The declining prices of new technology products often results in a tendency for many decision makers...
The declining prices of new technology products often leads decision makers to postpone a capital in...
The value of installed computers falls rapidly and therefore computers have a very high user cost. T...
One of the most disappointing features of U.S. economic performance over the past 20 years has been ...
The prices of technological equipment have seen significant declines in recent decades. In Chapter 2...
This paper develops a model of technological progress in the microprocessor industry that connects t...
We determine the optimal timing for replacement of an emerging technology facing uncertainty in bot...
Since commercial computers were first introduced in the early 1950s, their role, power, and importan...
This article investigates the welfare implications of the rapid innovation in central processing uni...
Thesis: M.B.A., Massachusetts Institute of Technology, Sloan School of Management, 2015. In conjunct...
As new computer hardware becomes available offering better performance at a lower price, computer ac...
Introduction Many studies indicate that there are numerous factors that promote or hamper the adop...
We study the optimal investment policy of a firm facing both technological and cash-flow uncertainty...
Recent literature suggests that microcomputers will be quickly adopted by organizations, often witho...