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Design Capability Identify under Asymmetric Information
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作者 Yi-Yong Lin You-Song Wang 《Journal of Harbin Institute of Technology(New Series)》 EI CAS 2013年第6期9-14,共6页
Under the condition of asymmetric information,the Spence 's Job Market Signaling Model is generally applied to inspect the design capability of a designer and his labor and efforts to be invested; however,since th... Under the condition of asymmetric information,the Spence 's Job Market Signaling Model is generally applied to inspect the design capability of a designer and his labor and efforts to be invested; however,since the"prior probability"and "posterior probability"have great uncertainties,the practical effect of this model is poor. On the basis of analyzing reverse selection questions,this paper provides a design capability screening model,which can make a designer automatically expose his hidden information so that necessary actions can be taken as required by the owner to realize risk sharing. A calculation example is finally given to demonstrate that the new model is helpful for an owner to select a designer with high professional level and to lead the designer to work hard,so it is of significant application value. 展开更多
关键词 Spence's Job Market Signaling Model reverse selection design capability risk analysis asymmetric informationCLC number:TU9 Document code:AArticle ID:1005-9113(2013)06-0009-06
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China's Chemical Engineering Design Capability
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作者 Zong Ri 《China's Foreign Trade》 1994年第12期39-40,共2页
During the early days of New China, to support the domestic construction of those projects aided by the former Soviet Union, the design institution formed a chemical engineering production installation design team. Du... During the early days of New China, to support the domestic construction of those projects aided by the former Soviet Union, the design institution formed a chemical engineering production installation design team. During the 1950s, this team designed an ammonia synthesis unit with an annual capacity of 75000 tons, set up the Sichuan Chemical Plant and worked out a 展开更多
关键词 design China’s Chemical Engineering design Capability
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