Authors: Paul Luo Li, Mary Shaw, Kevin Stolarick, and Kurt Wallnau
Special edition of ACM SIGSOFT from the International Workshop on Reuse Economics in conjunction with the Seventh International Conference on Software Reuse (ICSR7), April 2002.
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Because of their affordability and availability, reusable software components
have long been a tantalizing IT investment. However, the risks associated
with uncertainties about technical attributes and lack of protection against
undesirable behaviors often deters their adoption. Certification and
insurance are potential approaches to managing these risks. Probabilistic
certification and insurance base their predictions and products on similar kinds
of data; this offers the prospect of consistency (by using the same data for
both) and cost-effectiveness (by reusing the data). The combined benefits
of the two methods in the form of risk reduction and lowering of variance may
make software reuse investments more attractive to risk-averse companies.
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