. A wide body of literature on economic theory is devoted to the analysis of industrial goods markets with the possibility of advertising influence on demand. However, these models do not view media as industry entities with their own strategic goals and objectives. On the other hand, the main...

Russian Abstract: В статье представлена характеристика лояльности, рассмотрены факторы, влияющие на формирование приверженности покупателя к товару, фирме. Обозначены...

One of the most pressing problems in the Latvian economy is related to the energy sector. The most characteristic feature is coupled with the low efficiency of thermal energy consumption of households as a result of poor insulation of existing buildings in Latvia. Solving energy sector problems...

The article shows that actual public expenditure in the period of rapid oil prices growth of the 2000s was less than optimal level in Russia. The macroeconomic model of Russian economy is the basis of current research. The main mechanism of growth in an optimum scenario is associated with the...

On the basis of available data analysis of the world economy development in the industrial era is carried out. The countries are grouped according to their economic dynamics. A model describing countries co-evolutional eco-nomic development processes in the framework of the world system is...

All world upward trends and cycles have a lot in common while crises significantly differ. In the case of this research the recession was sparked not by the shock of financial sector but by the restrictions imposed on consumption that previously was not inclined to fluctuate that much. Oil price...

We develop a turnpike theory for a class of dynamic general equilibrium models where total demand function satisfy monotonicity conditions. As special cases, we receive well known results about asymptotic behavior of optimal paths.

The problem of multi-product consumer demand in modern neoclassical economic theory is that this theory contains a formal normative mathematical theory of individual demand, but does not contain a positive theory of market demand– an object of real interest for economists-practitioners and...

The paper argues that when a consumer searches for a lower price, a satisficing decision procedure equalizes marginal costs of search with its marginal benefit. The consumer can maximize the utility of his consumption-leisure choice with regard to the equality of marginal values of search....