Modeling contractual transactions for the assessment of economic endeavors [Моделирование трансакционно-контрактного процесса для оценки усилий экономических агентов]

Описание

Тип публикации: статья из журнала

Год издания: 2022

Идентификатор DOI: 10.18522/2073-6606-2022-20-3-39-51

Ключевые слова: agent-based modelling, contractual transactions, economic endeavors, institutional assessment, transaction costs

Аннотация: The article is about formalized description of economic agents’ endeavors assessment. Stemming from our previous elaborations, we build a model for contractual transactions. Different stages of a production process are analyzed. We show that transaction costs can be divided on production and non-production ones. This classificationПоказать полностьюis used to assess the endeavors of economics agents. The model we build enables the analysis of different types of production cycles, distinguishing the stages, on which the problems of cooperation and motivation of individuals occur. It also makes possible to elaborate on appropriate enforcement procedures and adequate incentives to enhance the efficiency of coordination between individual agents. Our findings support the versatility of the model, as well as its applicability for agent-based modelling in institutional studies, with various types of coordination in contractual transactions. We suggest a series of further research to develop methods appropriate for selecting the type of contraction, estimating the efficient payments for agents’ efforts, investigating opportunistic behavior and reducing monitoring costs in certain types of contracting, as well as identifying ways to reduce transaction costs. © И.С. Пыжев, Е.Н. Таненкова, 2022

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Издание

Журнал: Terra Economicus

Выпуск журнала: Vol. 20, Is. 3

Номера страниц: 39-51

ISSN журнала: 20736606

Издатель: Southern Federal University

Персоны

  • Pyzhev I. (Siberian Federal University, Krasnoyarsk, Russian Federation)
  • Tanenkova E. (Siberian Federal University, Krasnoyarsk, Russian Federation)

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