A СHOICE IN THE RELATIONSHIPS OF EXCHANGE

In a condition of division of labor a voluntary exchange lead to a common good. Motive forces of exchange are been the economic interests. A collaboration of individuals is examined as a result of the conscious choice. A fact itself of the choice is interpreted as a subjective process of valuation o...

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Bibliographic Details
Main Author: V. Kuligin
Format: Article
Language:English
Published: Publishing House of the State University of Management 2016-02-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/62
Description
Summary:In a condition of division of labor a voluntary exchange lead to a common good. Motive forces of exchange are been the economic interests. A collaboration of individuals is examined as a result of the conscious choice. A fact itself of the choice is interpreted as a subjective process of valuation of a good. All economic innovations go through a procedure so of valuation. However being at the same time uncertainty is inestimable. A common good is eventually been unintended and unforeseen sequel for the market agents.
ISSN:1816-4277
2686-8415