impacted information

impacted information

the degree to which information is known to some parties to a CONTRACT but not known to other parties to the contract. Information impactedness is a characteristic of TRANSACTIONS in which the parties to a contract are inclined to operate opportunistically in the presence of uncertainty and complexity surrounding the contract.

Information impactedness tends to result when information is costly and information is asymmetrically distributed

(see ASYMMETRY OF INFORMATION).

References in periodicals archive ?
Instead of failing to synchronize records that have these incompatible features or contaminating the databases in which they are housed, Pumatech's Intellisync products are able to make subtle alterations to the impacted information fields so they conform to the standards of their respective databases.
economy, which has profoundly impacted Information Technology project and expenditure plans," said David Thompson, Entrust Technologies interim Co-President, Co-CEO and CFO.