The structure and value of modularity in software design
Proceedings of the 8th European software engineering conference held jointly with 9th ACM SIGSOFT international symposium on Foundations of software engineering
Design Rules: The Power of Modularity Volume 1
Design Rules: The Power of Modularity Volume 1
Organization Science
A framework and tool supports for testing modularity of software design
Proceedings of the twenty-second IEEE/ACM international conference on Automated software engineering
Valuation of N-stage Investments Under Jump-Diffusion Processes
Computational Economics
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We provide a general valuation approach for capital budgeting decisions involving the modularization in the design of a system. Within the framework developed by Baldwin and Clark (Baldwin, C. Y., K. B. Clark. 2000. Design Rules: The Power of Modularity. MIT Press, Cambridge, MA), we implement a valuation approach using a numerical procedure based on the least-squares Monte Carlo method proposed by Longstaff and Schwartz (Longstaff, F. A., E. S. Schwartz. 2001. Valuing American options by simulation: A simple least-squares approach. Rev. Financial Stud.14(1) 113--147). The approach is accurate, general, and flexible.