ASYMMETRY OF INFORMATION IN A MIXED ECONOMY ON THE MARKET EDUCATIONAL SERVICES

  • A.O. Rudneva Diplomatic Academy of the Ministry of Foreign Affairs of the Russian Federation
  • V. A. Shchetinina Diplomatic Academy of the Ministry of Foreign Affairs of the Russian Federation
DOI: https://doi.org/10.31618/ESU.2413-9335.2020.4.70.547
Keywords: information asymmetry, trade, international trade, services, educational services, rating, reputation

Abstract

Education being fashionable is one of the current trends, and educational services market is complex and dynamic, with information asymmetry tending to be its inherent component. Information asymmetry is the situation when one of the deal parties has more or better information than the other, and this article looks into this particular phenomena. The author does not limit the article to the analysis of the information asymmetry in the educational services market, but suggests the various ways to minimize this source of risk.

Author Biographies

A.O. Rudneva, Diplomatic Academy of the Ministry of Foreign Affairs of the Russian Federation
Associate Professor, Ph.D.
V. A. Shchetinina, Diplomatic Academy of the Ministry of Foreign Affairs of the Russian Federation

Master 2019-2021

References

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Published
2020-02-17
How to Cite
Rudneva, A.O., and V. A. Shchetinina. 2020. “ ASYMMETRY OF INFORMATION IN A MIXED ECONOMY ON THE MARKET EDUCATIONAL SERVICES”. EurasianUnionScientists 4 (70), 63-68. https://doi.org/10.31618/ESU.2413-9335.2020.4.70.547.
Issue
Vol. 4 No. 70 (2020): EURASIAN UNION OF SCIENTISTS
Section
Article

Copyright (c) 2020 A.O. Rudneva, V. A. Shchetinina

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