Expression #1 of SELECT list is not in GROUP BY clause and contains nonaggregated column 'n.id' which is not functionally dependent on columns in GROUP BY clause; this is incompatible with sql_mode=only_full_group_by
Expression #1 of SELECT list is not in GROUP BY clause and contains nonaggregated column 'n.id' which is not functionally dependent on columns in GROUP BY clause; this is incompatible with sql_mode=only_full_group_by TRANSFORMATION ISSUES OF THE MARKET ECONOMY IN THE INFORMATION SOCIETY (azerb.) - İTP Jurnalı
AZERBAIJAN NATIONAL ACADEMY OF SCIENCES
TRANSFORMATION ISSUES OF THE MARKET ECONOMY IN THE INFORMATION SOCIETY (azerb.)
Rasim M. Alguliyev, Rasim Sh. Mahmudov

The article examines issues of transformation of market economy in the information society. Factors and processes affecting the transformation of economic systems are analyzed. Negative impact of information asymmetry in the market and the role of the Internet in overcoming these problems are pointed out. Transformation of mediation and price-formation functions of the market is characterized. Aspects of the knowledge economy, social networks, third sector and individualized production that are contradicting the basic principles of the market are analyzed. (pp. 31-41) 

Keywords:transformation of the market economy, information asymmetry, virtual market, third sector, knowledge economy
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