We examine the novel concept for repeated noncooperative games with bounded rationality: \Nash-2" equilibrium, called also \threatening-proof prole" in [16, Iskakov M., Iskakov A., 2012b]. It is weaker than Nash equilibrium and equilibrium in secure strategies: a player takes into account not...

This paper examines the patterns of pre-entry coaching and corresponding investment in private tutoring before and after the introduction of the Unified State Exam (the USE). We estimate the effectiveness of private tutoring in 2012 – a few years after the USE became a prerequisite for...

The disproportion of information in the stock market creates conditions for unlawful use of insider information, which, in turn, produces a negative impact on the stock market, investment conditions in the country and the economy as a whole. In Russia the institute of disclosure in the...

The paper explores the tight relation between “art” and “immortality” in Boris Pasternak’s author’s ideology on the basis of his new discovered letter to his second wife Zinaida Nikolaevna Neigauz, written in the beginning of 1931. This letter, preserved only in a copy, sheds new...

We research the properties of implicit transaction costs function for general-shaped limit order book. Equivalent conditions for linearity of the function are presented in terms of market liquidity. We also present a suitable functional form of implicit costs for order-driven market on the...

We study a multidimensional screening problem with minimal restrictions on valuations. Our ?-relaxation of the constraints excludes bunching and cycles in the graph of active incentive-compatibility constraints. Therefore, the Lagrange multipliers do exist and enable us in characterizing...

Mikhail Speranskiy, outstanding Russian statesman and legislator of the first half of the 19th century was the Siberian Governor-General from 1819-1821. The main result of this stage in his career was the reform of government in Asiatic Russia as well as development in 1822 of a set of codes –...

As part of Russia’s transformation process of the last decade, the preconditions for the emergence of philanthropic institutions were created. However, there is a limited amount of research devoted to the philanthropic activity of Russians. This deficit stems from a lack of empirical data on...

This research defines the relatively new concept of socio-psychological capital and examines the interrelation between socio-psychological capital and emigration intentions of Russian youth. Socio-psychological capital is seen as a resource of psychological relations, available to individuals...

The paper is based on the outcomes and inferences from the experiment with urban heterotopia found on the Manezhnaya square in Moscow. The main point of the experimental design (ethnomethodological in its intent) is to explore in vivo the heterotopical properties of the urban environment as the...