Theories of the (state-owned) firm

State-owned enterprises (SOEs) contribute approximately 10% of the world’s GDP. SOEs at one time were predicted to disappear from the economic landscape of the world, but today SOEs are growing more prevalent in the world economy. The current theories of the firm that form the pillars of the management discipline largely ignore the theoretical differences that SOEs introduce into the conceptualization of the firm. Therefore, we extend four core theories of the firm by incorporating SOEs as a mainstream (not special or marginal) organizational form into these theories. We focus specifically on property rights theory, transaction cost theory, agency theory, and resource-based theory, culminating in a research agenda with 12 testable propositions.     

Areas of national modernization: Search for priorities

This paper explores the relations between key areas of national modernization, which requires the coordination of three most important dimensions, i.e., science, entrepreneurship, and market.     

Evaluation of economic crises using short-term indexes and average indexes of economic security of Russia

A system of short-term indicators of economic security of Russia has been suggested for possible use in predicting the origin of crises. A comparative analysis of the 1998–1999, 2008–2009, and 2014–2015 crises has been performed. The formative premises of the crises and their impact on financial sector, real economy, foreign trade, and social welfare have been considered. A technique of synthesizing average indexes in different projections of economic security system has been suggested, and the particularities of their joint combined dynamics have been considered.     

Consumer substitution decisions: an integrative framework

Substitution decisions have been examined from a variety of perspectives. The economics literature measures cross-price elasticity, operations research models optimal assortments, the psychology literature studies goals in conflict, and marketing research has examined substitution-in-use, brand switching, stockouts, and self-control. We integrate these perspectives into a common framework for understanding consumer substitution decisions; their specific drivers (availability of new alternatives, internal vs. external restrictions on choice); the moderating role of a consumer’s commitment to an initially desired alternative; and the affective, motivational, cognitive, and behavioral outcomes of substitution. We use this framework to recommend new avenues for research.     

Studying the Child/Television Advertising Relationship: A Symbolic Interactionist Approach

The authors argue that research has focused too narrowly on the effects of television advertising on children. To fully understand the child/television advertising relationship, it is their position that it is necessary to actually examine the social character of child viewing situations. They present the logic of the naturalistic method of symbolic interactionism as an alternative approach for developing a more complete understanding of television advertising in the lives of child viewers.     

Long-term socioeconomic development of the Far East and Transbaikalia: Main problems and tasks

This paper summarizes the key messages of the report of the Working Group of the State Council of Russia on the strategic development of the eastern regions of Russia.     

Interrelationship between social and economic policies in the sphere of household income and consumption and macroeconomic dynamics

This article presents a conceptual scheme of the impact made on the economic development by the social and economic policies in the field of household income and consumption. A set of tools is presented for taking into account the multiplicative effects of social and economic policies. The interrelationships are studied between the dynamics in wages and prices and the parameters of the macroeconomic technology with an allowance for the principles of economic equilibrium.