Vol 9, No 1 (2017)
COMPETITION AND INDUSTRIAL POLICY
7-18 255
Abstract
The findings of many behavioral economics studies have led many experts to share the view that the effects of limited rationality can be solved through the proper development of the menu options available to the consumer. The devising of such a menu rests on the shoulders of regulators. However, the question arises as to how regulators themselves, in turn, are limitedly rational, and how much they are motivated to provide an optimal menu of contracts that ensures maximum social welfare, given that designing such a menu is costly. This paper systematizes the main manifestations of limited rationality which can influence decision-making by regulators. An attempt is made to answer two questions: is there a need and possibility to take into account the limited rationality of civil servants in modeling the actions of the regulator and are special practical measures required to correct for the identified effects.
ECONOMICS OF INFORMATION AND KNOWLEDGE
19-36 396
Abstract
Electronic document interchange is one of the digital technologies, which is designed to increase the efficiency of business-processes by saving two key resources: labor and time. Electronic document management systems can be implemented in a level of an individual enterprise, as well as at inter-corporate and international levels. Despite the significant advantages that are assumed by the use of electronic document management systems, the process of spreading this technology is slowed for some reasons, such as gaps in the law and psychological barriers of employees. The research of opportunities and risks associated with the prevalence of electronic document interchange, the study of the institutional conditions for its development, the forms of its organization and specific features of its implementation is a necessary condition for improving the process of its spreading in Russian economic practice.
MACROECONOMIC POLICY
37-48 354
Abstract
Russian economy finds itself in a deep protracted depression and enhancing scientific- technological lag in comparison with economically developed countries. In these circumstances, when the problems of structural transformation on the basis of re-industrialization, and technological modernization become vital for further development, implementation of different kinds of planning as an instrument of industrial policy definitely rises on the agenda. In this regard, the experience of planning methods implementation in foreign countries seems to be of a great importance.
49-64 355
Abstract
The formation of large urban agglomerations makes possible to ensure more rational use of productive resources and increase labor productivity. Large cities, as a rule, have developed infrastructure and educational sector. However, there is a difficult ecological situation in many large cities. With a large scale of the city, transport accessibility is seriously complicated. From the viewpoint of favorable habitat, good ecological conditions, small and medium-sized cities often benefit from urban agglomerations. In the Russian Federation, due to the dominance of raw materials industries and the underdevelopment of local industry, small and medium-sized cities are in decline. This predetermines the need to develop special measures to support such territorial entities. The study is based on the generalization of data on the change in the ecological situation in large cities and the impact of atmospheric air pollution on the quality of life of the population. In the framework of the study, the conclusion was substantiated about the expediency of carrying out special measures aimed at improving the ecological situation in large cities and developing measures to support small and medium-sized cities. The recommendations for stimulating the development of production in small and medium-sized cities are grounded. The results of the study can find applications in the practice of regional management.
PUBLIC ECONOMICS AND WELFARE
65-78 393
Abstract
The theoretical and methodological approaches to measuring poverty are based on several basic concepts: the concept of basic needs, the concept of multidimensional absolute deprivation, the concept of multidimensional relative deprivation, the concept of poverty in terms of capabilities. In the Russian Federation, the monetary concept of poverty is generally accepted for poverty measurement and assessment. However, the definition of poverty within the monetary concept seems to be insufficient to identify the poor. The article provides some arguments for the necessity to move from the existing monetary concept of poverty. Cluster analysis had shown that the use of monetary concept of poverty leads to the distorted estimates of poverty and makes it impossible to create policies to combat poverty.
LABOR ECONOMICS AND SOCIAL-LABOR RELATIONS
79-89 222
Abstract
The article presents a comparative analysis of cost effectiveness of labor activity with a short and long working day. The authors construct the theoretical model of a representative single labor choice, from which, without loss of generality, it follows that systematic overwork does not lead to an increase in aggregate output in comparison with the normal working regime. As a result from the model, the authors emphasize the recommendation to discourage overwork by strengthening relevant formal and informal institutions, such as a formal set of labor standards and rules and the company's corporate culture.
WORKS OF YOUNG SCIENTISTS
90-174 297
Abstract
The presented set of articles is the result of the work of the master's seminar on modern economic theory of the West. They analyze the work of the most famous economists leading in the citation ratings: Olivier Blanchard, Robert Joseph Barro, Finn Kydland and Daron Asemoglu. Each of these authors represents one of the trends of modern economics. So, O. Blanchard is the representative of neoclassical and keynesian synthesis in macroeconomics. R. Barro and F. Kydland are developing a liberal concept of «rational expectations» D. Asemoglu heads modern neo-institutionalism. For students, graduate students and teachers who study modern economic theory.
ISSN 2078-3809 (Online)