Open AccessSoftware Economics: An Application Of Price Theory To The Development Of Expert Systems
Author(s) -
J.R. Clark,
Leon S. Levy
Publication year - 2011
Publication title -
journal of applied business research
Language(s) - English
Resource type - Journals
eISSN - 2157-8834
pISSN - 0892-7626
DOI - 10.19030/jabr.v9i2.6071
Subject(s) - computer science , software , productivity , expert system , scheduling (production processes) , operations research , domain (mathematical analysis) , range (aeronautics) , software development , software project management , investment (military) , project management , industrial engineering , management science , software engineering , systems engineering , software construction , operations management , economics , artificial intelligence , engineering , macroeconomics , mathematical analysis , mathematics , politics , law , political science , programming language , aerospace engineering
Expert Systems in computer software appear to offer a potential for increases in project productivity in the range of Orders of Magnitude. This paper offers a software development model illustrating not only the optimal allocation of project resources between tool making and tool application but also appropriate investment in the project and several means of dealing with project risk. The model illustrates that much more benefit is to be derived from extending the domain of applicability of expert systems than from increasing the productivity gains of those techniques. We also find that it is possible to compensate for a more risky approach by alternative scheduling.