Abstract
Digital market and virtual market relations demonstrate patterns of economic relations and development, different from the classic risks. The process of transformational costs reduction is accompanied by a process of transaction costs exponential increase and trust decline. Furthermore, virtual market relations form specific institutions to minimize transactions risks.
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Pogrebinskaya, E., Rybina, G., Kuznetsova, V. (2019). Risk Reduction Institutions in Virtual Market Relations. In: Popkova, E. (eds) Ubiquitous Computing and the Internet of Things: Prerequisites for the Development of ICT. Studies in Computational Intelligence, vol 826. Springer, Cham. https://doi.org/10.1007/978-3-030-13397-9_66
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DOI: https://doi.org/10.1007/978-3-030-13397-9_66
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