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THE INFORMATION COMPONENT PROBLEM OF THE ECONOMIC ENVIRONMENT UNCERTAINTY AS A FEATURE OF THE NATIONAL MARKET

O.A. Ignatjeva, I.I.Abdullin, G.R. Kurtseva, G.N. Rybak

First published: 2017https://doi.org/10.5593/sgemsocial2017/13/S03.080View metrics

Abstract

Economic activity is largely due to unpredictable market conditions. It is caused by economic freedom of all economic agents. These conditions generate uncertainty, alternative and ambiguity of events. The information space asymmetry causes incremental transaction costs and leads to an enhancement of the information uncertainty role in terms of risks of the organization. Therefore the information component problem of the uncertainty of the economic environment is one of the most current questions of modern economic theory.

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Publication details

Title
THE INFORMATION COMPONENT PROBLEM OF THE ECONOMIC ENVIRONMENT UNCERTAINTY AS A FEATURE OF THE NATIONAL MARKET
Authors
O.A. Ignatjeva, I.I.Abdullin, G.R. Kurtseva, G.N. Rybak
Proceedings
4th International Multidisciplinary Scientific Conference on Social Sciences and Arts SGEM 2017
Publisher
STEF92 Technology
Year
2017
Pages
637-644
SWS Citekey
Ignatjeva20173637644
ISSN
2367-5659
ISBN
978-619-7408-15-7
Language
en
Publication type
Proceedings Paper
Keywords
economic activitiesthe economic environment uncertaintythe national marketpublic goodsfinancial marketresourcesresources.
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