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Institutional model of self-organizing economic system

Institutional model of self-organizing economic system

Journal of Economic Regulation, , Vol. 3 (no. 1),
p. 68-77

It is known that self-organizing systems are highly adaptive and can survive even in conditions of extreme instability. The national economies, markets and enterprises are trying to achieve sustainability and adaptability. Therefore, the task was to develop a structural-functional model of self-organizing economic system. The task is solved on the basis of the system approach, in particular the Synergetics and Cybernetics, General System Theory and Theory of Homeostasis, as well as Institutionalism, theories of Schumpeter and Tugan-Baranovsky. The developed model is being tested and used in practice in Russia for the project Electronic commodity market system.

Keywords: institutions; interaction of economic subjects; self-organizing system; electronic commodity market system

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Publisher: Ltd. "Humanitarian perspectives"
Founder: Ltd. "Humanitarian perspectives"
ISSN: 2078-5429