Using the ISO 19761 COSMIC Measurement Standard to Reduce “Information Asymmetry” in Software Development Contracts and Enable Greater Competitiveness


In most economic transactions involving software development projects, differences in the amount and quality of information possessed by economic agents (i.e. producers and customers) can lead to significant market inefficiencies. This paper describes the way the information derived from the functional size of software measured using the ISO 19761 COSMIC measurement standard that can help reduce information asymmetry in software development transactions, and lead to increased competitiveness in the software industry.

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F. Souto and A. Abran, "Using the ISO 19761 COSMIC Measurement Standard to Reduce “Information Asymmetry” in Software Development Contracts and Enable Greater Competitiveness," Technology and Investment, Vol. 4 No. 4, 2013, pp. 261-268. doi: 10.4236/ti.2013.44031.

Conflicts of Interest

The authors declare no conflicts of interest.


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