Souto, Francisco ValdésAbran, Alain2018-06-282018-06-282013-11Technology and Investment, 2013, 4, 261-2682150-4067http://dx.doi.org/10.4236/ti.2013.44031http://hdl.handle.net/123456789/1680In 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.enSoftware ProjectsCOSMICInformation AsymmetryISO 19761Software Industry CompetitivenessSoftware CharacterizationSoftware FactsUsing the ISO 19761 COSMIC Measurement Standard to Reduce “Information Asymmetry” in Software Development Contracts and Enable Greater CompetitivenessArticle