TY  - JOUR
T1  - The Concept of Information Asymmetry in the Energy Consumer Theory of Firms
AU - Burganov, R.A. AU - Maimakova, L.V. AU - Altynbaeva, E.R. AU - Dolonina, E.A. AU - Urazbakhtina, L.R. 
JO  - Journal of Engineering and Applied Sciences
VL  - 14
IS  - 21
SP  - 8099
EP  - 8108
PY  - 2019
DA  - 2001/08/19
SN  - 1816-949x
DO  - jeasci.2019.8099.8108
UR  - https://makhillpublications.co/view-article.php?doi=jeasci.2019.8099.8108
KW  - Energy theory of the company
KW  -information asymmetry
KW  -forms of energy
KW  -asymmetry of information
in the energy sector
KW  -network intellectualization
KW  -systematization
AB  - In a modern economy, the management of any firm must take into account the value of energy and
the value of any information about its effective use. Accordingly, the business is faced with the question; how
does the asymmetry of information manifest itself in the process of energy consumption, pay more attention
where there are methodological foundations for studying the concept of information asymmetry in energy
consumption. The purpose of the study is to create a theoretical and methodological basis for studying the role
and significance of information asymmetry from the point of view of a firm’s energy-consumption theory and
to prepare a number of proposals for representatives of existing firms. Tasks to achieve the goal are related to
the analysis of the scientific literature presented in prestigious world databases, explaining the essence of the
asymmetry of information; the classification used in the activities of the company of various forms of energy
and asymmetry of information in energy consumption, analysis of the asymmetry of information in various
stages of pricing for energy, etc. Materials and research methods are based on the use of abstraction, synthesis
and comparison as well as on the systematization of the data. To achieve the goal of the research, a
methodological review was used which is based on the interdisciplinary of the considered methods of analysis
and synthesis. Results and novelty of the study. The main result is that for the first time in the world economic
science, the researcher’s theoretical and methodological basis has been created for studying the manifestations
of information asymmetry in the process of consuming various forms of energy in a firm’s activity. Other
scientific results that have a scientific novelty include the definition of the essence of "information asymmetry
in energy consumption", highlighting the classification signs of information asymmetry in energy consumption,
highlighting features of information asymmetry manifestations in energy consumption compared to the finished
product market. Transparency of information, long-term view of contractual relations may keep information
asymmetry at an acceptable level. The significance of the impact of network intellectualization on the energy
market on information asymmetry is also determined.
ER  -