BAYESIAN APPROACH TO THE REDUCTION OF INFORMATION ASYMMETRY IN ENTERPRISE

Aliyeva T., Guliyeva A., Rzayeva U.

37th International Scientific Conference on Economic and Social Development - Socio Economic Problems of Sustainable Development, Baku, Azerbaijan, 14 - 15 February 2019, pp.1463-1470 identifier

  • Publication Type: Conference Paper / Full Text
  • City: Baku
  • Country: Azerbaijan
  • Page Numbers: pp.1463-1470
  • Azerbaijan State University of Economics (UNEC) Affiliated: Yes

Abstract

Nowadays the processes of making and implementing managerial decisions are complicated by the asymmetry of information or its incompleteness. The article explores in detail the problem of information asymmetry in the enterprise and its consequences and gives recommendations on the practical application of information technologies for its elimination based on the Bayesian approach.