About | Contact Us | Register | Login
ProceedingsSeriesJournalsSearchEAI
Context-Aware Systems and Applications, and Nature of Computation and Communication. 9th EAI International Conference, ICCASA 2020, and 6th EAI International Conference, ICTCC 2020, Thai Nguyen, Vietnam, November 26–27, 2020, Proceedings

Research Article

Counterbalancing Asymmetric Information: A Process Driven Systems Thinking Approach to Information Sharing of Decentralized Databases

Download(Requires a free EAI acccount)
7 downloads
Cite
BibTeX Plain Text
  • @INPROCEEDINGS{10.1007/978-3-030-67101-3_18,
        author={Mark Hoksbergen and Johnny Chan and Gabrielle Peko and David Sundaram},
        title={Counterbalancing Asymmetric Information: A Process Driven Systems Thinking Approach to Information Sharing of Decentralized Databases},
        proceedings={Context-Aware Systems and Applications, and Nature of Computation and Communication. 9th EAI International Conference, ICCASA 2020, and 6th EAI International Conference, ICTCC 2020, Thai Nguyen, Vietnam, November 26--27, 2020, Proceedings},
        proceedings_a={ICCASA \& ICTCC},
        year={2021},
        month={1},
        keywords={Information asymmetry Transactions Decision making Integrated decentralized databases Real estate Disruption System dynamic models},
        doi={10.1007/978-3-030-67101-3_18}
    }
    
  • Mark Hoksbergen
    Johnny Chan
    Gabrielle Peko
    David Sundaram
    Year: 2021
    Counterbalancing Asymmetric Information: A Process Driven Systems Thinking Approach to Information Sharing of Decentralized Databases
    ICCASA & ICTCC
    Springer
    DOI: 10.1007/978-3-030-67101-3_18
Mark Hoksbergen,*, Johnny Chan, Gabrielle Peko, David Sundaram
    *Contact email: m.hoksbergen@auckland.ac.nz

    Abstract

    This paper explores asymmetric information and how to counterbalance it. It utilizes the case study of a hypothetical company called “Hashable”. The purpose of this case study is to exemplify a proposed solution to address the information asymmetry faced by buyers of residential real estate in New Zealand. A procedural response is provided for organizing the information needed to make an informed decision on purchasing a property. A causal loop diagram is introduced to develop an understanding of the various stakeholders involved in the proposed solution and their interaction with the information they provide. This paper highlights the core problems regarding information asymmetry within a transaction. It also provides procedural and technological solutions to counterbalance this information asymmetry while simultaneously reducing information costs and increasing reliability of the information provided.

    Keywords
    Information asymmetry Transactions Decision making Integrated decentralized databases Real estate Disruption System dynamic models
    Published
    2021-01-13
    Appears in
    SpringerLink
    http://dx.doi.org/10.1007/978-3-030-67101-3_18
    Copyright © 2020–2025 ICST
    EBSCOProQuestDBLPDOAJPortico
    EAI Logo

    About EAI

    • Who We Are
    • Leadership
    • Research Areas
    • Partners
    • Media Center

    Community

    • Membership
    • Conference
    • Recognition
    • Sponsor Us

    Publish with EAI

    • Publishing
    • Journals
    • Proceedings
    • Books
    • EUDL