Proceedings of the International conference "Economy in the modern world" (ICEMW 2018)

Uncertainty and organizationality in economic systems

Authors
Evgeny A. Kuzmin
Corresponding Author
Evgeny A. Kuzmin
Available Online August 2018.
DOI
https://doi.org/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.
Open Access
This is an open access article distributed under the CC BY-NC license.

Download article (PDF)

Volume Title
Proceedings of the International conference "Economy in the modern world" (ICEMW 2018)
Series
Advances in Economics, Business and Management Research
Publication Date
August 2018
ISBN
978-94-6252-599-3
ISSN
2352-5428
DOI
https://doi.org/10.2991/icemw-18.2018.19How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

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  - https://doi.org/10.2991/icemw-18.2018.19
ID  - Kuzmin2018/08
ER  -