TY - JOUR
T1 - The declining price of personal computers
T2 - The question of when to invest
AU - Ronen, Boaz
AU - Eden, Yoram
AU - Lucas, Henry C.
PY - 1990
Y1 - 1990
N2 - When should a manager invest in new technology? This paper provides guidelines for deciding when to invest in microcomputers. The authors argue that the technology and marketplace of micros today fits the conditions of the declining cost paradox observed by Eden and Ronen (1988). Under these conditions, a decision to defer purchasing equipment until the future to take advantage of hardware price decreases may lead to higher overall costs. The paper concludes with recommendations for the manager confronted with the decision of when to purchase microcomputer technology.
AB - When should a manager invest in new technology? This paper provides guidelines for deciding when to invest in microcomputers. The authors argue that the technology and marketplace of micros today fits the conditions of the declining cost paradox observed by Eden and Ronen (1988). Under these conditions, a decision to defer purchasing equipment until the future to take advantage of hardware price decreases may lead to higher overall costs. The paper concludes with recommendations for the manager confronted with the decision of when to purchase microcomputer technology.
KW - Declining Cost Paradox
KW - Information Systems
KW - Investing in Technology
KW - Management of Computing
KW - Personal Computers
UR - http://www.scopus.com/inward/record.url?scp=84974756234&partnerID=8YFLogxK
U2 - 10.3233/HSM-1990-9306
DO - 10.3233/HSM-1990-9306
M3 - ???researchoutput.researchoutputtypes.contributiontojournal.article???
AN - SCOPUS:84974756234
SN - 0167-2533
VL - 9
SP - 187
EP - 194
JO - Human Systems Management
JF - Human Systems Management
IS - 3
ER -