SrasV1, Main, Exploration, bibRecordById, PMC:7169665

Crisis management—dealing with asymmetric information problems

Identifieur interne : 002E32 ( Main/Exploration ); précédent : 002E31; suivant : 002E33

Crisis management—dealing with asymmetric information problems

Auteurs : Beng Soon Chong [Singapour] ; Chay Hoon Lee

Source :

Thunderbird International Business Review [ 1096-4762 ] ; 2009-05.

RBID : ISTEX:7A2B1E0D31C4F7BE133E8F1B29EBF0C5F8399AA7

Abstract

A key component of crisis management involves the management of asymmetric information problems. Drawing on the experience of the recent severe acute respiratory syndrome (SARS) epidemic, this article examines the nature of the asymmetric information problems that typically prevail during a crisis, the costs associated with it, and the various mechanisms to address the problems. We find that the asymmetric information problems in the event of a crisis can be severe and potentially costly if the problems are not adequately resolved. © 2009 Wiley Periodicals, Inc.

Url:

DOI: 10.1002/tie.20262

Affiliations:

Singapour

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Crisis management—dealing with asymmetric information problems

Crisis management—dealing with asymmetric information problems

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