Quality Uncertainty Due to Information Asymmetry

Part of the Contributions to Management Science book series (MANAGEMENT SC.)


This chapter is devoted to the concept of quality uncertainty due to information asymmetry. The concepts of information asymmetry and quality uncertainty are elaborated with ample examples. Specifically, quality uncertainty is demonstrated in a manufacturing parlance. The causes of quality uncertainty due to information asymmetry are deciphered. The mechanics of quality uncertainty is explained with the help of figures. The factors responsible for information asymmetry and quality uncertainty are also discussed at length.


Supply Chain Market Share Information Asymmetry Moral Hazard Asymmetric Information 
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Copyright information

© Springer-Verlag Berlin Heidelberg 2010

Authors and Affiliations

  1. 1.SGGS Institute of Engineering & Technology Dept. Production EngineeringNandedIndia

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