The paper examines the application of the concept of economic efficiency to organizational issues of collective information processing in decision making. Information processing is modeled in the framework of the dynamic parallel processing model of associative computation with an endogenous...

Russia's oil sector is critical to the country's overall economic development at present and may affect the whole Russian economy in the next several years. Nevertheless, like all other energy sectors in the Russian Federation, it faces a number of problems, including low domestic prices, a poor...

The analysis presented in this article focuses on seigniorage revenues in five Central and Eastern European Countries: Bulgaria, the Czech Republic, Hungary, Poland and Romania. A comprehensive discrete period accounting framework for measuring the sources and uses of seigniorage in the 1990s is...