Uncertainty and organizationality in economic systems

DOI

10.2991/icemw-18.2018.19How to use a DOI?

Keywords

uncertainty; economic system; organization; economic mechanism; comtlegtive institution; self-organization

Abstract

The paper is devoted to the issue of clarifying the organizational order of the construction and functioning of economic systems. In the review of the literature, a meaningful juxtaposition of the concepts of a socio-economic and organizational-economic system is considered; their analysis allows establishing that at the heart of conceptual pluralism there is a single fundamental cornerstone - organization. The authors have discovered the institutional basis of organizationality in the economy through a comtlegtive institution as establishing the basic "rules of play" (the design of the economic system). In the course of the study, it is argued that self-organization is a result of uncertainty management, while at the same time the latent ability to self-organize, restore or form the organizational order is manifested in the organizational and economic system. Thus, organizationality in the economy is perceived as a primacy of the determinism of uncertainty manifestation. The causes of the manifestation of self-organization are concentrated in the structural arrangement of the system and the coherence of its design. These and other provisions made it possible to propose a definition of the organizational and economic system.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Evgeny A. Kuzmin
PY  - 2018/08
DA  - 2018/08
TI  - Uncertainty and organizationality in economic systems
BT  - Proceedings of the International conference "Economy in the modern world" (ICEMW 2018)
PB  - Atlantis Press
SP  - 98
EP  - 103
SN  - 2352-5428
UR  - https://doi.org/10.2991/icemw-18.2018.19
DO  - 10.2991/icemw-18.2018.19
ID  - Kuzmin2018/08
ER  -