{"title":"HOW OLD DEMOCRACIES’ GOVERNMENTS’ DECISION MAKING HAS WORKED IN CASE OF COVID-19 RESPONSES’ CHOICE","authors":"K. Yanovskiy","doi":"10.52342/2587-7666vte_2022_1_58_73","DOIUrl":"https://doi.org/10.52342/2587-7666vte_2022_1_58_73","url":null,"abstract":"","PeriodicalId":46923,"journal":{"name":"Theoretical Economics","volume":null,"pages":null},"PeriodicalIF":1.7,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77200904","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"THE PROBLEM OF CULTURAL DETERMINATION OF VARIOUS SPHERES OF SOCIAL LIFE: LATIN AMERICAN EXPERIENCE IN A UNIVERSAL CONTEXT (INSTITUTIONAL DIMENSION)","authors":"Yakov Shemyakin","doi":"10.52342/2587-7666vte_2022_2_92_111","DOIUrl":"https://doi.org/10.52342/2587-7666vte_2022_2_92_111","url":null,"abstract":"","PeriodicalId":46923,"journal":{"name":"Theoretical Economics","volume":null,"pages":null},"PeriodicalIF":1.7,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91261938","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"«NEW DIGITAL U-TURN» - FROM ECONOMIC GROWTH DISCOURSE TO SEPARATED TECHNOLOGICAL ZONES AND FORCED RATIONALISATION","authors":"N. Ganichev, O. Koshovets","doi":"10.52342/2587-7666vte_2022_4_7_24","DOIUrl":"https://doi.org/10.52342/2587-7666vte_2022_4_7_24","url":null,"abstract":"","PeriodicalId":46923,"journal":{"name":"Theoretical Economics","volume":null,"pages":null},"PeriodicalIF":1.7,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86770786","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Games with switching costs and endogenous references","authors":"Begum Guney, Michael Richter","doi":"10.3982/te4169","DOIUrl":"https://doi.org/10.3982/te4169","url":null,"abstract":"We introduce a game‐theoretic model with switching costs and endogenous references. An agent endogenizes his reference strategy, and then taking switching costs into account, he selects a strategy from which there is no profitable deviation. We axiomatically characterize this selection procedure in one‐player games. We then extend this procedure to multiplayer simultaneous games by defining a Switching Cost Nash Equilibrium (SNE) notion, and prove that (i) an SNE always exists; (ii) there are sets of SNE, which can never be a set of Nash equilibrium for any standard game; and (iii) SNE with a specific cost structure exactly characterizes the Nash equilibrium of nearby games, in contrast to Radner's (1980) ε‐equilibrium. Subsequently, we apply our SNE notion to a product differentiation model, and reach the opposite conclusion of Radner (1980): switching costs for firms may benefit consumers. Finally, we compare our model with others, especially Köszegi and Rabin's (2006) personal equilibrium.","PeriodicalId":46923,"journal":{"name":"Theoretical Economics","volume":null,"pages":null},"PeriodicalIF":1.7,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79345326","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"SOCIOLOGY OF LIFE CHANCES AND RISKS AS A CONTRIBUTE TO THE «ECONOMY OF HAPPINESS» (REFLECTIONS ON «UNEQUAL OPPORTUNITY SOCIETY: SOCIAL STRUCTURE OF MODERN RUSSIA»)","authors":"Y. Latov","doi":"10.52342/2587-7666vte_2022_4_193_201","DOIUrl":"https://doi.org/10.52342/2587-7666vte_2022_4_193_201","url":null,"abstract":"","PeriodicalId":46923,"journal":{"name":"Theoretical Economics","volume":null,"pages":null},"PeriodicalIF":1.7,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81982286","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"INSTITUTIONAL SCARS IN «FRONTIER» SOCIETIES AND THE EVOLUTION OF HUMAN POTENTIAL (Part 1. Institutional scars)","authors":"N. Pliskevich","doi":"10.52342/2587-7666vte_2022_3_130_143","DOIUrl":"https://doi.org/10.52342/2587-7666vte_2022_3_130_143","url":null,"abstract":"","PeriodicalId":46923,"journal":{"name":"Theoretical Economics","volume":null,"pages":null},"PeriodicalIF":1.7,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73898115","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"THE SECOND PLENUM (COUNCIL UNDER THE PEOPLE’S COMMISSAR OF HEAVY INDUSTRY OF THE USSR): RETROSPECTIVE (JUNE 25-29, 1936)","authors":"M. Feldman","doi":"10.52342/2587-7666vte_2022_4_177_192","DOIUrl":"https://doi.org/10.52342/2587-7666vte_2022_4_177_192","url":null,"abstract":"","PeriodicalId":46923,"journal":{"name":"Theoretical Economics","volume":null,"pages":null},"PeriodicalIF":1.7,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78094736","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"FORMATION OF THE CONCEPT OF THE WORLD ECONOMY IN GERMAN AND RUSSIAN POLITICAL ECONOMY","authors":"G. Gloveli, E. Minaeva","doi":"10.52342/2587-7666vte_2022_3_99_117","DOIUrl":"https://doi.org/10.52342/2587-7666vte_2022_3_99_117","url":null,"abstract":"","PeriodicalId":46923,"journal":{"name":"Theoretical Economics","volume":null,"pages":null},"PeriodicalIF":1.7,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80096501","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"IN SEARCH OF «SHACKLES FOR LEVIATHAN» (ABOUT THE BOOK BY DARON ACEMOGLU AND JAMES ROBINSON «NARROW CORRIDOR»)","authors":"A. Zaostrovtsev","doi":"10.52342/2587-7666vte_2022_1_186_193","DOIUrl":"https://doi.org/10.52342/2587-7666vte_2022_1_186_193","url":null,"abstract":"","PeriodicalId":46923,"journal":{"name":"Theoretical Economics","volume":null,"pages":null},"PeriodicalIF":1.7,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88966274","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Rank‐optimal assignments in uniform markets","authors":"Afshin Nikzad","doi":"10.3982/te4171","DOIUrl":"https://doi.org/10.3982/te4171","url":null,"abstract":"We prove that in a market where agents rank objects independently and uniformly at random, there exists an assignment of objects to agents with a constant average rank (i.e., an average rank independent of the market size). The proof builds on techniques from random graph theory and the FKG inequality (Fortuin et al. (1971)). When the agents' rankings are their private information, no Dominant Strategy Incentive Compatible mechanism can implement the assignment with the smallest average rank; however, we show that there exists a Bayesian Incentive Compatible mechanism that does so. Together with the fact that the average rank under the Random Serial Dictatorship (RSD) mechanism grows infinitely large with the market size, our findings indicate that the average rank under RSD can take a heavy toll compared to the first‐best, and highlight the possibility of using other assignment methods in scenarios where average rank is a relevant objective.","PeriodicalId":46923,"journal":{"name":"Theoretical Economics","volume":null,"pages":null},"PeriodicalIF":1.7,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89387348","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}