Developing the Digital Economy: Overcoming Institutional Constraints and Unravelling Information Asymmetry

K. Kurpayanidi
{"title":"Developing the Digital Economy: Overcoming Institutional Constraints and Unravelling Information Asymmetry","authors":"K. Kurpayanidi","doi":"10.33619/2414-2948/95/19","DOIUrl":null,"url":null,"abstract":"The purpose of the study is to identify ways to reduce the risks faced by economic agents in interaction with institutional traps caused by information asymmetry in the developing digital economy. To achieve this goal, the author applies a structural approach based on the following methodology. An analysis of the foundations of uncertainty and rationality in the digital economy is conducted, and then the risks associated with falling into institutional traps due to information asymmetry are investigated using the labor market as an example. The final part of the paper considers ways to mitigate these risks. The practical significance of this study is to identify the possibility of falling into institutional traps due to information asymmetry using the labor market as an example. In the context of the digitalization of the education market, the study shows that a higher education diploma cannot be a reliable signal of a potential employee’s future productivity. The importance of this study in the social aspect is the need to create an electronic platform containing digital portfolios of potential employees formed in the process of education and subsequent labor activity. This will help to reduce information costs for employers and avoid the institutional trap of being tied to a higher education diploma. The author suggests ways to increase the target rationality of economic agents in the context of growing information asymmetry in the digital economy.","PeriodicalId":471421,"journal":{"name":"Бюллетень науки и практики","volume":"1 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2023-10-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Бюллетень науки и практики","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.33619/2414-2948/95/19","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0

Abstract

The purpose of the study is to identify ways to reduce the risks faced by economic agents in interaction with institutional traps caused by information asymmetry in the developing digital economy. To achieve this goal, the author applies a structural approach based on the following methodology. An analysis of the foundations of uncertainty and rationality in the digital economy is conducted, and then the risks associated with falling into institutional traps due to information asymmetry are investigated using the labor market as an example. The final part of the paper considers ways to mitigate these risks. The practical significance of this study is to identify the possibility of falling into institutional traps due to information asymmetry using the labor market as an example. In the context of the digitalization of the education market, the study shows that a higher education diploma cannot be a reliable signal of a potential employee’s future productivity. The importance of this study in the social aspect is the need to create an electronic platform containing digital portfolios of potential employees formed in the process of education and subsequent labor activity. This will help to reduce information costs for employers and avoid the institutional trap of being tied to a higher education diploma. The author suggests ways to increase the target rationality of economic agents in the context of growing information asymmetry in the digital economy.
发展数字经济:克服制度约束,破解信息不对称
本研究的目的是找出降低经济主体在发展中的数字经济中因信息不对称而产生的制度陷阱互动中所面临的风险的方法。为了实现这一目标,作者采用了基于以下方法的结构方法。首先分析了数字经济中不确定性和合理性的基础,然后以劳动力市场为例,探讨了信息不对称导致的制度陷阱风险。论文的最后一部分考虑了减轻这些风险的方法。本研究的现实意义在于以劳动力市场为例,识别信息不对称导致企业陷入制度陷阱的可能性。在教育市场数字化的背景下,研究表明,高等教育文凭不能成为潜在员工未来生产力的可靠信号。这项研究在社会方面的重要性在于需要创建一个电子平台,其中包含在教育和随后的劳动活动过程中形成的潜在员工的数字组合。这将有助于降低雇主的信息成本,避免与高等教育文凭挂钩的制度陷阱。在数字经济中信息不对称日益加剧的背景下,作者提出了提高经济主体目标理性的途径。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 求助全文
来源期刊
自引率
0.00%
发文量
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
copy
已复制链接
快去分享给好友吧!
我知道了
右上角分享
点击右上角分享
0
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:604180095
Book学术官方微信