{"id":"https://openalex.org/W2032846495","doi":"https://doi.org/10.1108/09685220810908769","title":"Escalation and premature termination in MIS projects: the role of real options","display_name":"Escalation and premature termination in MIS projects: the role of real options","publication_year":2008,"publication_date":"2008-10-10","ids":{"openalex":"https://openalex.org/W2032846495","doi":"https://doi.org/10.1108/09685220810908769","mag":"2032846495"},"language":"en","primary_location":{"id":"doi:10.1108/09685220810908769","is_oa":false,"landing_page_url":"https://doi.org/10.1108/09685220810908769","pdf_url":null,"source":{"id":"https://openalex.org/S204075876","display_name":"Information Management & Computer Security","issn_l":"0968-5227","issn":["0968-5227","1758-5805"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Information Management & Computer Security","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5065708300","display_name":"Dmitriy Chulkov","orcid":"https://orcid.org/0000-0003-0083-7815"},"institutions":[{"id":"https://openalex.org/I592451","display_name":"Indiana University","ror":"https://ror.org/01kg8sb98","country_code":"US","type":"education","lineage":["https://openalex.org/I592451"]},{"id":"https://openalex.org/I4210136381","display_name":"Indiana University Kokomo","ror":"https://ror.org/04161kh40","country_code":"US","type":"education","lineage":["https://openalex.org/I4210136381","https://openalex.org/I592451"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Dmitriy V. Chulkov","raw_affiliation_strings":["School of Business, Indiana University Kokomo, Kokomo, Indiana, USA","(School of Business, Indiana University Kokomo, Kokomo, Indiana, USA)"],"affiliations":[{"raw_affiliation_string":"School of Business, Indiana University Kokomo, Kokomo, Indiana, USA","institution_ids":["https://openalex.org/I4210136381"]},{"raw_affiliation_string":"(School of Business, Indiana University Kokomo, Kokomo, Indiana, USA)","institution_ids":["https://openalex.org/I592451"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5059881179","display_name":"Mayur S. Desai","orcid":null},"institutions":[{"id":"https://openalex.org/I48205209","display_name":"Texas Southern University","ror":"https://ror.org/05ch0aw77","country_code":"US","type":"education","lineage":["https://openalex.org/I48205209"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Mayur S. Desai","raw_affiliation_strings":["Jesse H. Jones School of Business, Texas Southern University, Houston, Texas, USA"],"affiliations":[{"raw_affiliation_string":"Jesse H. Jones School of Business, Texas Southern University, Houston, Texas, USA","institution_ids":["https://openalex.org/I48205209"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5065708300"],"corresponding_institution_ids":["https://openalex.org/I4210136381","https://openalex.org/I592451"],"apc_list":null,"apc_paid":null,"fwci":1.5163,"has_fulltext":false,"cited_by_count":13,"citation_normalized_percentile":{"value":0.85852042,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":96},"biblio":{"volume":"16","issue":"4","first_page":"324","last_page":"335"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.9991000294685364,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.9991000294685364,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11849","display_name":"Intellectual Capital and Performance Analysis","score":0.9359999895095825,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12675","display_name":"Financial Reporting and Valuation Research","score":0.9156000018119812,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/continuation","display_name":"Continuation","score":0.6161671876907349},{"id":"https://openalex.org/keywords/value","display_name":"Value (mathematics)","score":0.5816208124160767},{"id":"https://openalex.org/keywords/escalation-of-commitment","display_name":"Escalation of commitment","score":0.535295307636261},{"id":"https://openalex.org/keywords/option-value","display_name":"Option value","score":0.5293731689453125},{"id":"https://openalex.org/keywords/project-management","display_name":"Project management","score":0.5183807015419006},{"id":"https://openalex.org/keywords/investment","display_name":"Investment (military)","score":0.5140482187271118},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.4538310170173645},{"id":"https://openalex.org/keywords/reputation","display_name":"Reputation","score":0.4332996606826782},{"id":"https://openalex.org/keywords/actuarial-science","display_name":"Actuarial science","score":0.4331067204475403},{"id":"https://openalex.org/keywords/originality","display_name":"Originality","score":0.42505744099617004},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.420502245426178},{"id":"https://openalex.org/keywords/risk-analysis","display_name":"Risk analysis (engineering)","score":0.3595086336135864},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.31463801860809326},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.30186063051223755},{"id":"https://openalex.org/keywords/sunk-costs","display_name":"Sunk costs","score":0.2095153033733368},{"id":"https://openalex.org/keywords/management","display_name":"Management","score":0.1377318799495697},{"id":"https://openalex.org/keywords/sociology","display_name":"Sociology","score":0.12129709124565125},{"id":"https://openalex.org/keywords/political-science","display_name":"Political science","score":0.10684740543365479}],"concepts":[{"id":"https://openalex.org/C88626702","wikidata":"https://www.wikidata.org/wiki/Q1128903","display_name":"Continuation","level":2,"score":0.6161671876907349},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.5816208124160767},{"id":"https://openalex.org/C158981924","wikidata":"https://www.wikidata.org/wiki/Q3799353","display_name":"Escalation of commitment","level":2,"score":0.535295307636261},{"id":"https://openalex.org/C2780973918","wikidata":"https://www.wikidata.org/wiki/Q7099016","display_name":"Option value","level":3,"score":0.5293731689453125},{"id":"https://openalex.org/C15952604","wikidata":"https://www.wikidata.org/wiki/Q179012","display_name":"Project management","level":2,"score":0.5183807015419006},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.5140482187271118},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4538310170173645},{"id":"https://openalex.org/C48798503","wikidata":"https://www.wikidata.org/wiki/Q877546","display_name":"Reputation","level":2,"score":0.4332996606826782},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.4331067204475403},{"id":"https://openalex.org/C2776950860","wikidata":"https://www.wikidata.org/wiki/Q2914681","display_name":"Originality","level":3,"score":0.42505744099617004},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.420502245426178},{"id":"https://openalex.org/C112930515","wikidata":"https://www.wikidata.org/wiki/Q4389547","display_name":"Risk analysis (engineering)","level":1,"score":0.3595086336135864},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.31463801860809326},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.30186063051223755},{"id":"https://openalex.org/C79179835","wikidata":"https://www.wikidata.org/wiki/Q958242","display_name":"Sunk costs","level":2,"score":0.2095153033733368},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.1377318799495697},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.12129709124565125},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.10684740543365479},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C36289849","wikidata":"https://www.wikidata.org/wiki/Q34749","display_name":"Social science","level":1,"score":0.0},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0},{"id":"https://openalex.org/C190248442","wikidata":"https://www.wikidata.org/wiki/Q839486","display_name":"Qualitative research","level":2,"score":0.0},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1108/09685220810908769","is_oa":false,"landing_page_url":"https://doi.org/10.1108/09685220810908769","pdf_url":null,"source":{"id":"https://openalex.org/S204075876","display_name":"Information Management & Computer Security","issn_l":"0968-5227","issn":["0968-5227","1758-5805"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Information Management & Computer Security","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":17,"referenced_works":["https://openalex.org/W908949","https://openalex.org/W80414419","https://openalex.org/W1552413492","https://openalex.org/W1568975818","https://openalex.org/W1590482807","https://openalex.org/W1924456475","https://openalex.org/W1971832861","https://openalex.org/W1974063287","https://openalex.org/W2011830901","https://openalex.org/W2018796541","https://openalex.org/W2057556675","https://openalex.org/W2095938141","https://openalex.org/W2099840395","https://openalex.org/W2137508913","https://openalex.org/W2148187747","https://openalex.org/W2163315205","https://openalex.org/W2955541030"],"related_works":["https://openalex.org/W2352275403","https://openalex.org/W2159885618","https://openalex.org/W3045545058","https://openalex.org/W1994937216","https://openalex.org/W205167257","https://openalex.org/W2199313715","https://openalex.org/W2012352190","https://openalex.org/W4248087735","https://openalex.org/W427118720","https://openalex.org/W2032846495"],"abstract_inverted_index":{"Purpose":[0],"The":[1,32,116,229],"purpose":[2],"of":[3,18,20,25,37,78,82,105,119,122,135,212,224,234,257],"this":[4],"paper":[5,33,230,248],"is":[6,14,80,139,156,165,180,201],"to":[7,16,52,108,113,141,158,168,192,207,238,255],"examine":[8],"how":[9],"the":[10,35,46,71,74,103,106,149,170,186,195,232,243,275,283],"real":[11,47,136,150,196,217,235,252],"option":[12,48,137,151,218,236,253],"theory":[13,49,138,237,254],"applicable":[15],"evaluation":[17],"cases":[19,223],"escalation":[21,41,144,258,268],"and":[22,39,61,67,73,112,145,182],"premature":[23,120,146,210],"termination":[24,121,211],"Management":[26],"Information":[27],"Systems":[28],"(MIS)":[29],"projects.":[30,54],"Design/methodology/approach":[31],"compares":[34],"implications":[36,228,233],"psychological":[38],"economic":[40],"theories":[42],"with":[43,216],"lessons":[44],"from":[45,251],"as":[50,93,203,222,267,277],"applied":[51],"MIS":[53,98,244],"Then,":[55],"it":[56,204,270],"examines":[57],"published":[58],"case":[59],"studies,":[60],"discuss":[62],"when":[63,178,214,269],"project":[64,85,155,187,200,240,263,284],"continuation":[65,81,241],"enhances":[66],"reduces":[68,285],"value":[69,177,219,273],"for":[70,194,274],"manager":[72,107],"firm.":[75],"Findings":[76],"Escalation":[77,90],"commitment":[79],"an":[83,153,166],"investment":[84,124,154],"after":[86],"receiving":[87],"negative":[88],"signals.":[89],"was":[91,126],"identified":[92],"a":[94,159,199,262],"significant":[95],"problem":[96,118],"in":[97,162,198,209,242,259],"projects":[99,125,213,215],"often":[100],"explained":[101],"by":[102,281],"desire":[104],"avoid":[109],"recognizing":[110],"mistakes":[111,208],"protect":[114],"reputation.":[115],"opposite":[117],"certain":[123],"also":[127],"identified.":[128],"This":[129,247],"study":[130],"argues":[131],"that":[132,163],"accurate":[133],"application":[134],"critical":[140],"distinguish":[142],"between":[143],"termination.":[147],"Under":[148],"theory,":[152],"analogous":[157],"financial":[160],"option,":[161],"there":[164,179],"opportunity":[167],"continue":[169],"project,":[171],"but":[172],"no":[173],"obligation.":[174],"Continuation":[175],"has":[176,272],"uncertainty":[181],"new":[183,278],"information":[184,279],"about":[185],"may":[188,205,264],"be":[189,265],"revealed.":[190],"Failure":[191],"account":[193],"options":[197],"value\u2010reducing":[202],"lead":[206],"are":[220],"labeled":[221],"irrational":[225],"escalation.":[226],"Practical":[227],"details":[231],"evaluating":[239],"setting.":[245],"Originality/value":[246],"applies":[249],"insights":[250],"studies":[256],"MIS.":[260],"Continuing":[261],"seen":[266],"actually":[271],"firm,":[276],"received":[280],"continuing":[282],"uncertainty.":[286]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2017,"cited_by_count":1},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":1}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}