Despite their status as foundational concepts in software engineering, many software design decision-making principles and heuristics, such as information hiding and the delaying of design decisions, are still idiosyncratic, ad hoc, poorly integrated and not clearly based on any sound theory. In this paper, we develop an economics-based approach to providing a firmer foundation for software des...

t he relationship between the price of oil and the level of economic activity is a fundamental empirical issue in macroeconomics. in this research, by using a multivariate garch-in-mean var, we try to investigate direct effects of uncertainty of oil price on macroeconomics of iran by using annually data from 1965 to 2013.results show that uncertainty about oil prices had a negative and signific...

Each corporate growth project is an option, in the sense that managers face choices--push ahead or pull back--along the way. Yet many companies hesitate to apply options theory to initiatives such as R&D and geographic expansion, partly because these "real" options are highly complex. In this article, the authors make the case that the complexity of real options can be eased through the use of ...

The valuation of a company is difficult, even for companies which evolve in a well-known, mature industry. The problem is far more comple , when the firm is a new born start-up company, where the traditional methods based on future free cash flows are difficult to apply, given the difficulties of estimating the future cash flows. In addition, with the start up companies, we are confronted with ...