Towards economic coordination mechanisms design

Abstract

The study presents an approach that allows one to analyze various methods and types of socio-economic coordination from a unified methodological standpoint and to develop tools for designing coordination mechanisms. The basic foundations and prerequisites necessary for a unified description of various types of socio-economic coordination are analyzed. A conceptual model and a three-step algorithm for designing coordination mechanisms are proposed. Known methods of economic coordination are considered as a result of designing in accordance with the proposed algorithm. The results obtained have various theoretical and applied applications. On this basis agent-based simulation models can be created both for individual economic coordination mechanisms and for an economic system with built-in coordination mechanisms.