Analysis of efficiency of transaction cost of information search
- Authors: Vyatkin P.M.1
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Affiliations:
- Department of Economics, Samara State University of Architecture and Civil Engineering, Samara, 443001, Russian Federation.
- Issue: Vol 6, No 2 (2015)
- Pages: 108-115
- Section: ECONOMICS
- URL: https://journals.ssau.ru/eco/article/view/5595
- DOI: https://doi.org/10.18287/2542-0461-2015-0-2-108-115
- ID: 5595
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Abstract
The problem of information exchange of separate economic agents working on micro economical level, was studied before now without influence of temporal factors on the efficiency of this interaction. This article studies the mechanism of influence of temporal factors on the efficiency of information search and describes the computation algorithm of optimization of transactional cost of information search taking into account changes of efficiency of search through time.
About the authors
P. M. Vyatkin
Department of Economics, Samara State University of Architecture and Civil Engineering, Samara, 443001, Russian Federation.
Author for correspondence.
Email: morenov.sv@ssau.ru
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