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Using the ISO 19761 COSMIC Measurement Standard to Reduce “Information Asymmetry” in Software Development Contracts and Enable Greater Competitiveness
Software Engineering Research Laboratory (GéLOG), école de Technologie Supérieure, University of Québec, Montreal, Canada
Software Engineering Research Laboratory (GéLOG), école de Technologie Supérieure, University of Québec, Montreal, Canada
- 1 Software Engineering Research Laboratory (GéLOG), école de Technologie Supérieure, University of Québec, Montreal, Canada
- 2 Software Engineering Research Laboratory (GéLOG), école de Technologie Supérieure, University of Québec, Montreal, Canada
Technology and Investment·Volume 04 (2013)·Pages 261–268·Published 30 October 2013·DOI10.4236/ti.2013.44031
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Abstract
In most economic transactions involving software development projects, differences in the amount and quality of in formation 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 transac tions, and lead to increased competitiveness in the software industry.
KeywordsSoftware ProjectsCOSMICInformation AsymmetryISO 19761Software Industry CompetitivenessSoftware CharacterizationSoftware Facts
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