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Article about objective laws of formation of social and economic institutes in system of electronic commerce. Rapid development of Internet technologies became the reason of deep institutional transformation of economic relations. The author analyzes value transaction costs as motive power of formation of new economic institutes in network economy.
Web 3.0 promises to have a significant effect in users and businesses. It will change how people work and play, how companies use information to market and sell their products, as well as operate their businesses. The basic shift occurring in Web 3.0
E-commerce is gradually transformed from a version of trading activity to independent branch of global network economy which cannot be ignored. The Russian Federation is in the lead in the CIS on development of e-commerce, but lags behind world leade
Customers trust in vendors reputation is a key factor that facilitates economic transactions in e-commerce platforms. Although the trust-sales relationship is assumed robust and consistent, its empirical evidence remains neglected for Latin American
The rich body of Bandit literature not only offers a diverse toolbox of algorithms, but also makes it hard for a practitioner to find the right solution to solve the problem at hand. Typical textbooks on Bandits focus on designing and analyzing algor
In recent years, many new and interesting models of successful online business have been developed, including competitive models such as auctions, where the product price tends to rise, and group-buying, where users cooperate obtaining a dynamic pric