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|Title: ||THE DECLINING PRICE OF PERSONAL COMPUTERS THE QUESTION OF WHEN TO INVEST|
|Authors: ||Ronen, Boaz|
Lucas, Henry C., Jr.
|Issue Date: ||Apr-1989|
|Publisher: ||Stern School of Business, New York University|
|Series/Report no.: ||IS-89-047|
|Abstract: ||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
|Appears in Collections:||IOMS: Information Systems Working Papers|
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