ASYMMETRICAL INFORMATION IN THE PUBLIC PURCHASES MARKET AND SOME DIRECTIONS OF ITS OVERCOMING
One of the targets of Federal law of 21.07.2005 № 94-ФЗ On placing orders for goods delivery, works completing, and services delivery for state and municipal needs is to increase the efficiency of budget means utilization. At the same time the asymmetrical information, which exists in the public pur...
| Main Author: | |
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| Format: | Article |
| Language: | English |
| Published: |
Tatar Educational Center “Taglimat” Ltd.
2011-06-01
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| Series: | Russian Journal of Economics and Law |
| Subjects: | |
| Online Access: | https://www.rusjel.ru/jour/article/view/628 |
| _version_ | 1797256088515510272 |
|---|---|
| author | D. Sergeyev |
| author_facet | D. Sergeyev |
| author_sort | D. Sergeyev |
| collection | DOAJ |
| description | One of the targets of Federal law of 21.07.2005 № 94-ФЗ On placing orders for goods delivery, works completing, and services delivery for state and municipal needs is to increase the efficiency of budget means utilization. At the same time the asymmetrical information, which exists in the public purchases market, can sometimes lead to a number of negative phenomena. The article analyzes problems connected with establishing and realization of contract relations between the state as the client and the economic subjects under the conditions of asymmetrical information. Suggestions for overcoming these problems are made. |
| first_indexed | 2024-03-08T23:18:41Z |
| format | Article |
| id | doaj.art-b48389b7816048c292a429870a8e288c |
| institution | Directory Open Access Journal |
| issn | 2782-2923 |
| language | English |
| last_indexed | 2024-04-24T22:16:11Z |
| publishDate | 2011-06-01 |
| publisher | Tatar Educational Center “Taglimat” Ltd. |
| record_format | Article |
| series | Russian Journal of Economics and Law |
| spelling | doaj.art-b48389b7816048c292a429870a8e288c2024-03-20T08:16:41ZengTatar Educational Center “Taglimat” Ltd.Russian Journal of Economics and Law2782-29232011-06-01023538626ASYMMETRICAL INFORMATION IN THE PUBLIC PURCHASES MARKET AND SOME DIRECTIONS OF ITS OVERCOMINGD. Sergeyev0Institute of Economics, Management and Law (Kazan)One of the targets of Federal law of 21.07.2005 № 94-ФЗ On placing orders for goods delivery, works completing, and services delivery for state and municipal needs is to increase the efficiency of budget means utilization. At the same time the asymmetrical information, which exists in the public purchases market, can sometimes lead to a number of negative phenomena. The article analyzes problems connected with establishing and realization of contract relations between the state as the client and the economic subjects under the conditions of asymmetrical information. Suggestions for overcoming these problems are made.https://www.rusjel.ru/jour/article/view/628public purchasesefficiency of budget expensescorruptionasymmetrical informationnegative selectionpurchasing cycle |
| spellingShingle | D. Sergeyev ASYMMETRICAL INFORMATION IN THE PUBLIC PURCHASES MARKET AND SOME DIRECTIONS OF ITS OVERCOMING Russian Journal of Economics and Law public purchases efficiency of budget expenses corruption asymmetrical information negative selection purchasing cycle |
| title | ASYMMETRICAL INFORMATION IN THE PUBLIC PURCHASES MARKET AND SOME DIRECTIONS OF ITS OVERCOMING |
| title_full | ASYMMETRICAL INFORMATION IN THE PUBLIC PURCHASES MARKET AND SOME DIRECTIONS OF ITS OVERCOMING |
| title_fullStr | ASYMMETRICAL INFORMATION IN THE PUBLIC PURCHASES MARKET AND SOME DIRECTIONS OF ITS OVERCOMING |
| title_full_unstemmed | ASYMMETRICAL INFORMATION IN THE PUBLIC PURCHASES MARKET AND SOME DIRECTIONS OF ITS OVERCOMING |
| title_short | ASYMMETRICAL INFORMATION IN THE PUBLIC PURCHASES MARKET AND SOME DIRECTIONS OF ITS OVERCOMING |
| title_sort | asymmetrical information in the public purchases market and some directions of its overcoming |
| topic | public purchases efficiency of budget expenses corruption asymmetrical information negative selection purchasing cycle |
| url | https://www.rusjel.ru/jour/article/view/628 |
| work_keys_str_mv | AT dsergeyev asymmetricalinformationinthepublicpurchasesmarketandsomedirectionsofitsovercoming |