Open AccessCONDITIONS FOR THE FORMATION OF OPPORTUNISTIC BEHAVIOR OF THE SUBJECTS OF THE CREDENCE GOODS MARKET
Author(s) -
Maria Aleksandrovna Kolosova
Publication year - 2017
Publication title -
vestnik astrahanskogo gosudarstvennogo tehničeskogo universiteta. seriâ: èkonomika
Language(s) - English
Resource type - Journals
eISSN - 2309-9798
pISSN - 2073-5537
DOI - 10.24143/2073-5537-2017-3-41-48
Subject(s) - opportunism , credence , inefficiency , credence good , economics , microeconomics , positive economics , competition (biology) , social psychology , business , public economics , market economy , psychology , information asymmetry , statistics , mathematics , ecology , biology
The article studies the conditions favorable for the formation of opportunistic behavior of subjects of the credence goods market. The absence of a number of rules, which should govern social and legal relations in the sphere under the study, along with imperfection and inefficiency of the existing rules allowed to identify a group of institutional conditions for developing opportunism. The limitations of competition, the variability of the economic environment, wide range of differentiated products and the unevenness of their distribution, the dependence on external raw material sources form the group of market conditions. Impulsivity, suspiciousness and difficult predictability of the behavior of ordinary consumers, but also inherent in modern society the spiritual and moral decline form the group of socio-psychological conditions for opportunistic behavior. The article discusses in detail each of the groups, the examples of the Russian practice are given.