Using the ISO 19761 COSMIC Measurement Standard to Reduce “Information Asymmetry” in Software Development Contracts and Enable Greater Competitiveness
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Date
2013-11
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Scientific Research
Abstract
In most economic transactions involving software development projects, differences in the amount and quality of information
possessed by economic agents (i.e. producers and customers) can lead to significant market inefficiencies.
This paper describes the way the information derived from the functional size of software measured using the ISO
19761 COSMIC measurement standard that can help reduce information asymmetry in software development transactions,
and lead to increased competitiveness in the software industry.
Description
Keywords
Software Projects, COSMIC, Information Asymmetry, ISO 19761, Software Industry Competitiveness, Software Characterization, Software Facts
Citation
Technology and Investment, 2013, 4, 261-268