In this paper, a new concept of "limit information" is introduced and studied for Arrow-Debreu type economies with asymmetrically informed agents. The concept is based on the so-called contractual approach that presumes that agents meet and form coalitions, where the concurrent exchange of...

A new concept of contract-based domination by coalitions for competitive economies is proposed and studied in the paper. This concept is based on the notion of (barter) contract (an elementary exchange of commodities). Here classical coalitions domination is transferred onto systems (webs) of...

Russian Abstract: Работа предлагает теоретический взгляд на проблему влияния институциональной среды на экономический рост отрасли на примере черной металлургии. В...

Russian Abstract: В статье исследуется долговременная траектория роста развивающихся стран. До 16 века все страны находились примерно на одном уровне экономического...

This paper investigates the influence of import tariffs, external debt and speed of foreign reserves accumulation on economic growth. It follows from existing literature that these policies can have different influence on growth, depending on the relative stage of economic development. The...

Statistical evidences that some transmission channels of «resource curse» operate in Russian economy at regional level are received. Incomes from export of power resources and gratuitous federal transfers play a role in increase of officialdom, in distortion of regional elite behavior, and...