OBJECTIVE AND SUBJECTIVE INFORMATION IN ECONOMIC SYSTEM
G.A. Krasnov, A.A. Krasnov, A.A. Krasnov
Keywords: economic system, uncertainty, objective information, subjective information
Subsection: BUSINESS INFORMATICS
Abstract
The article represents investigations of change in the amount of objective and subjective information in economic system. Analytical expressions for objective information gain in economic system at the implementation of technological innovations are obtained. It is found that the value of objective information gain depends on nature of introduced technological innovations and initial amount of objective information in economic system. The analytical expression that links the value of subjective information with profitability of primary activity is presented.
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