Abstract
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.
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Wankhade, L., Dabade, B. (2010). Quality Uncertainty Due to Information Asymmetry. In: Quality Uncertainty and Perception. Contributions to Management Science. Physica, Heidelberg. https://doi.org/10.1007/978-3-7908-2195-6_2
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DOI: https://doi.org/10.1007/978-3-7908-2195-6_2
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Online ISBN: 978-3-7908-2195-6
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