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<https://discovery.ucl.ac.uk/id/eprint/716> <http://purl.org/ontology/bibo/abstract> "ArchOptions is a real-options based model that we have pro-posed to value the flexibility of software architectures in response to future changes in requirements. In this paper, we build on ArchOptions to devise an options-based model, which values the architectural flexibility that results from a refactoring exercise. This value assists in understanding the payoff of investing in refactoring: if the refactored system results in an architecture that is more flexible, such that the expected added value (in the form of options) due to the en-hanced flexibility outweighs the cost of investing in this exer-cise, then refactoring is said to payoff. We apply our model to a refactoring case study from the literature."^^<http://www.w3.org/2001/XMLSchema#string> .
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