Technology Investment Decision-Making under Uncertainty in Mobile Payment Systems

• Main Authors: KAUFFMAN, Robert J., LIU, Jun, MA, Dan
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2014
• Subjects: Decision-making under uncertainty; electronic payments; financial economics; financial services; IT investments; jump diffusion; mobile payments; network effects; Computer Sciences; E-Commerce
• Online Access: https://ink.library.smu.edu.sg/sis_research/2507; https://ink.library.smu.edu.sg/context/sis_research/article/3506/viewcontent/Techinmobilepaymentsystems.pdf
• Institution: Singapore Management University

Innovations in the mobile payments industry provide potentially profitable investment opportunities for banks. Nonetheless, significant uncertainties are associated with decision-making for this IT investment context, regarding future market conditions, technology standards, and consumer and merchan...