WASET
	%0 Journal Article
	%A Yannan Wu and  An Chen and  Yan Zhao
	%D 2010
	%J International Journal of Economics and Management Engineering
	%B World Academy of Science, Engineering and Technology
	%I Open Science Index 42, 2010
	%T The Framework of Termination Mechanism in Modern Emergency Management
	%U https://publications.waset.org/pdf/6998
	%V 42
	%X Termination Mechanism is an indispensible part of the
emergency management mechanism. Despite of its importance in both
theory and practice, it is almost a brand new field for researching. The
concept of termination mechanism is proposed firstly in this paper,
and the design and implementation which are helpful to guarantee the
effect and integrity of emergency management are discussed secondly.
Starting with introduction of the problems caused by absent
termination and incorrect termination, the essence of termination
mechanism is analyzed, a model based on Optimal Stopping Theory is
constructed and the termination index is given. The model could be
applied to find the best termination time point.. Termination decision
should not only be concerned in termination stage, but also in the
whole emergency management process, which makes it a dynamic
decision making process. Besides, the main subjects and the procedure
of termination are illustrated after the termination time point is given.
Some future works are discussed lastly.
	%P 601 - 607