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propose a new option-based stochastic valuation modeling approach for IT investment under uncertainty that incorporates a mean …Innovations involving information technology (IT) provide potentially valuable investment opportunities for industry … and government organizations. Significant uncertainties are associated with decision-making for IT investment though, a …
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demand collective solutions. Uncertainty about others' behavior, coupled with the dependence on some to take collective … efforts to mitigate risks for all (e.g. conservation of natural habitats by those living at wildlife boarders to reduce risk … of zoonoses), complicates collective action. We extend the experimental collective risk social dilemma to consider that …
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unaffected by uncertainty about the impact of crossing the threshold but that collective action collapses if the location of the … threshold is uncertain. Theory suggests that behavior should differ dramatically either side of a dividing line for threshold … uncertainty. Inside the dividing line, where uncertainty is small, collective action should succeed. Outside the dividing line …
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