The problem of identification of efficient economic conditions, arising from the «horizontal» agents’ relationship, is considered. It’s shown that the application of classical concept of market failure is insufficient. The alternative concept of disbalances are examined. The greater...

We estimate consumer preferences for "Buy Now, Pay Later" (BNPL) using a large-scale probabilistic stated choice survey experiment. Average willingness to pay (WTP) for the standard BNPL bundle is negative, but younger, lower-income, and less credit-worthy consumers exhibit higher demand. The...

Post-pandemic, cities face new challenges in adapting to global changes, while also addressing the needs, practices, and capabilities of diverse populations. Resilience, as a key factor, enables cities to adapt and transform in response to these challenges. Development driven by resilience is...