Quality Uncertainty and Perception

Quality Uncertainty and Perception PDF Author: Lalit Wankhade
Publisher: Springer Science & Business Media
ISBN: 3790821950
Category : Business & Economics
Languages : en
Pages : 148

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Book Description
It has been observed that the studies of quality are pursued in various disciplines like economics, quality management, and marketing science, and are seen isolated. The treatments imparted to these studies are also different and has the backdrop of discipline in which the work has been pursued. The nature of isolation is equally seen when quality uncertainty and perceived quality were pursued separately without showing any inkling that these can be complimentary. Economist and Nobel Laureate, Akerlof (1970), wrote a seminal piece “The market for lemons: quality uncertainty and market mechanism”, where he described quality uncertainty due to information asymmetry. It refers to the fact that a party in a transaction may have more information than the other. This is information asymmetry. If the seller has more information than the buyer about the product quality, he/she may sell it, as if it is a high-quality product. In reality, it could be a low-quality product. The buyer does not have the information regarding the quality of the offered product. The market condition that led to this transaction is quality uncertainty due to information asymmetry.

Quality Uncertainty and Perception

Quality Uncertainty and Perception PDF Author: Lalit Wankhade
Publisher: Springer Science & Business Media
ISBN: 3790821950
Category : Business & Economics
Languages : en
Pages : 148

Get Book

Book Description
It has been observed that the studies of quality are pursued in various disciplines like economics, quality management, and marketing science, and are seen isolated. The treatments imparted to these studies are also different and has the backdrop of discipline in which the work has been pursued. The nature of isolation is equally seen when quality uncertainty and perceived quality were pursued separately without showing any inkling that these can be complimentary. Economist and Nobel Laureate, Akerlof (1970), wrote a seminal piece “The market for lemons: quality uncertainty and market mechanism”, where he described quality uncertainty due to information asymmetry. It refers to the fact that a party in a transaction may have more information than the other. This is information asymmetry. If the seller has more information than the buyer about the product quality, he/she may sell it, as if it is a high-quality product. In reality, it could be a low-quality product. The buyer does not have the information regarding the quality of the offered product. The market condition that led to this transaction is quality uncertainty due to information asymmetry.

Quality Uncertainty and Perception

Quality Uncertainty and Perception PDF Author:
Publisher:
ISBN: 9781283001960
Category :
Languages : en
Pages :

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Book Description


Surfing Uncertainty

Surfing Uncertainty PDF Author: Andy Clark
Publisher: Oxford University Press, USA
ISBN: 0190217014
Category : Medical
Languages : en
Pages : 425

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Book Description
This title brings together work on embodiment, action, and the predictive mind. At the core is the vision of human minds as prediction machines - devices that constantly try to stay one step ahead of the breaking waves of sensory stimulation, by actively predicting the incoming flow. In every situation we encounter, that complex prediction machinery is already buzzing, proactively trying to anticipate the sensory barrage. The book shows in detail how this strange but potent strategy of self-anticipation ushers perception, understanding, and imagination simultaneously onto the cognitive stage.

Handbook of Environmental Psychology and Quality of Life Research

Handbook of Environmental Psychology and Quality of Life Research PDF Author: Ghozlane Fleury-Bahi
Publisher: Springer
ISBN: 3319314165
Category : Social Science
Languages : en
Pages : 574

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Book Description
This Handbook presents a broad overview of the current research carried out in environmental psychology which puts into perspective quality of life and relationships with living spaces, and shows how this original analytical framework can be used to understand different environmental and societal issues. Adopting an original approach, this Handbook focuses on the links with other specialties in psychology, especially social and health psychology, together with other disciplines such as geography, architecture, sociology, anthropology, urbanism and engineering. Faced with the problems of society which involve the quality of life of individuals and communities, it is fundamental to consider the relationships an individual has with his different living spaces. This issue of the links between quality of life and environment is becoming increasingly significant with, at a local level, problems resulting from different types of annoyances, such as pollution and noise, while, at a global level, there is the central question of climate change with its harmful consequences for humans and the planet. How can the impact on well-being of environmental nuisances and threats (for example, natural risks, pollution, and noise) be reduced? How can the quality of life within daily living spaces (home, cities, work environments) be improved? Why is it important to understand the psychological issues of our relationship with the global environment (climatic warming, ecological behaviours)? This Handbook is intended not only for students of various disciplines (geography, architecture, psychology, town planning, etc.) but also for social decision-makers and players who will find in it both theoretical and methodological perspectives, so that psychological and environmental dimensions can be better taken into account in their working practices.

Production and Operations Management

Production and Operations Management PDF Author: S.P. Singh
Publisher: Vikas Publishing House
ISBN: 9325971593
Category : Business & Economics
Languages : en
Pages :

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Book Description
This book covers the emerging and important topics related to production and operations management in a systematic way. It covers not only the essentials of planning, designing, managing and controlling of manufacturing operations, but also a number of relevant topics such as total preventive maintenance, environmental issues in production system, advanced production system, total productivity management and work system design, which are not covered in many books. The book is a useful resource for undergraduate and postgraduate students of MBA programmes, as well as B.Tech and M.Tech programmes of production and industrial engineering. Key Features • Theories and concepts based on day-to-day practical applications in the industry • Large number of solved examples to explain the theoretical concepts • Case study at the end of each chapter to illustrate the theory • Brings out the link between linear programming and its applications

Handbook of Image Quality

Handbook of Image Quality PDF Author: Brian Keelan
Publisher: CRC Press
ISBN: 0824744403
Category : Technology & Engineering
Languages : en
Pages : 474

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Book Description
With 300 figures, tables, and equations, this book presents a unified approach to image quality research and modeling. The author discusses the results of different, calibrated psychometric experiments can be rigorously integrated to construct predictive software using Monte Carlo simulations and provides numerous examples of viable field applications for product design and verification of modeling predictions. He covers perceptual measurements for the assessment of individual quality attributes and overall quality, explores variation in scene susceptibility, observer sensitivity, and preference, and includes methods of analysis for testing and refining metrics based on psychometric data.

Attention and Responsibility in Global Health

Attention and Responsibility in Global Health PDF Author: Samantha Vanderslott
Publisher: Routledge
ISBN: 1000430197
Category : Social Science
Languages : en
Pages : 134

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Book Description
Attention and Responsibility in Global Health shows the construction of health through what is neglected and how the label of neglect is used to make the case that a shift in attitudes towards tropical diseases is based on changing policy practices of health and disease. Tropical diseases have moved from being of high importance for European empires to being neglected and unknown, and then returning to the spotlight once again. During this process, the understanding, framing, and overall character of the disease grouping has changed through a rediscovery of a health issue once rendered neglectable. The book depicts this change in relevance of tropical diseases from colonial history to the present day diseases across political, cultural, and socio- economic contexts. It shows the transformation of tropical diseases as a grouping that uncovers the changing strategies, tactics, and unintended consequences of advocacy campaigning by scientists, NGOs, and policymakers to drive disease issues up the policy agenda. Drawing on the emergent field of ignorance studies, the book explores ideas about the uses and deployment of both strategic and unintentional "not knowing". It is aimed at academics and students in science and technology studies, the sociology of health and medicine, environmental sociology, public policy, and the history of science.

Software Business

Software Business PDF Author: Michael A. Cusumano
Publisher: Springer
ISBN: 3642307469
Category : Business & Economics
Languages : en
Pages : 322

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Book Description
This book contains the refereed proceedings of the Third International Conference on Software Business (ICSOB) held in Cambridge, MA, USA, in June 2012. The software business refers to commercial activities in the software industry, aimed at generating revenues from the design, delivery, and maintenance of software products and IT services to enterprises and individual customers, as well as from digital content. Although this business shares common features with other knowledge-intensive markets, it carries many inherent features making it a challenging domain for research. The 20 full and 10 short papers accepted for ICSOB were selected from 60 submissions and are organized in sections on software product management, organizational transformation, industry transformation, software platforms and ecosystems, and emerging trends.

Dealing with consumer uncertainty

Dealing with consumer uncertainty PDF Author: Karin Bergmann
Publisher: Springer Science & Business Media
ISBN: 3662048337
Category : Business & Economics
Languages : en
Pages : 220

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Book Description
My studies on the "uncertain consumer" began with a research project c- ducted by the Dr. Rainer Wild-Stiftung - Foundation for healthy nutrition - on the negative image of processed food. Ever since then I have been asked whether or not growing consumer uncertainty is linked to information po- cies of the food sector and if so, how. Intensive three-year research showed that industrial methods of food production are predestined to result in wayward fears and worry over its healthiness. This is due to the fact that during the process of industrialisation, we gradually passed responsibility for the quality of food into the producers' hands. This, in turn, has resulted in information gaps that we, as the addressees of diverse, often overwhelming and contrad- tory information supplied by varying sources, feel today. We exchanged the daily search for food for the daily search for information long ago. Con- quently, a practical concept for public relations stands at the end of my - search into the uncertain consumer. It accounts for uncertainty regarding processed food as a point of reference for public relations targeted towards various groups. Public relations oriented towards the future calls for the sharing of expert information with all interested consumers. It is the goal of businesses to actively build up trust among the consumers in order to be prepared for new causes for uncertainty appearing periodically. To this day the issue of consumer uncertainty has not lost its topicality.

Design and Analysis of Closed-Loop Supply Chain Networks

Design and Analysis of Closed-Loop Supply Chain Networks PDF Author: Subramanian Pazhani
Publisher: CRC Press
ISBN: 1000359913
Category : Business & Economics
Languages : en
Pages : 97

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Book Description
Closed loop supply chains and their management have become mandatory for firms to stay competitive and profitable. This book provides insights into designing supply chain networks by understanding and incorporating key return parameters into the network design, which will affect profitability. The book discusses how customer categories and their acceptance behavior are incorporated into the network design. It also shows how to analyze the interaction of parameters on supply chain network design and profitability, offers modeling framework for incorporating uncertainties in the return product parameters, and shows how to design a robust network. Invaluable for managers in designing a sustainable, robust, and profitable supply chain network and ideal for managers, practitioners, and researchers in the area of supply chain network design and optimization.