doi: 10.4304/jsw.9.6.1435-1443
Applying Game Theory to the Incremental Funding Method in Software Projects
Abstract
Game theory has been successfully used to analyzesituations in several areas, such as economics, politics,sociology and biology. The Incremental Funding Method(IFM) is a well known technique for optimizing the financialreturn of software projects under monopolistic conditions.This paper presents a new approach for the maximizationof software projects’ financial returns under duopolisticsituations, based on the application of game theory conceptsto the IFM. It provides decision makers with policies,which demonstrate how and when the product, divided intomodules, should be developed and launched in order tomaximize return on investment of a project.
Keywords
- Game theory
- Incremental Funding Method
How to Cite
Eduardo Mattos, Marcelo Vieira, Eber Assis Schmitz, and Antonio Juarez Alencar, "Applying Game Theory to the Incremental Funding Method in Software Projects," Journal of Software, vol. 9, no. 6, pp. 1435-1443, 2014. https://doi.org/ 10.4304/jsw.9.6.1435-1443
Copyright & License
Copyright © 2014 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).