Институциональная экономика: Новая институциональная экономическая теория
This volume deals with one of the most understudied aspects of everyday life in Russian society. Its main heroes are the providers of goods and services to whom people turn for healthcare instead of official medical institutions. A wide range of agents is described—from network marketing companies to 'folk' journals on health as well as healers, complementary medicine specialists, and religious organizations. Krasheninnikova’s book is based on rich empirical observations and avoids both positive and critical assessment of the analyzed phenomena. Her investigation pays particular attention to the legal, social, and economic status of informal healthcare providers. She demonstrates that these agents tend to flourish in bigger towns rather than in small settlements, where public healthcare is lacking. The study reveals the important role of institutions that are generally not related to alternative medicine, such as pharmacies, libraries, and church shops. The result is a vivid and thorough introduction to the world of self-medication and alternative healing in contemporary Russia. A special emphasis was made on the flexibility of boundaries between formal and informal healthcare due to the evolution of rules and regulations.
There is now a very extensive and well-developed theoretical literature on the difficulties faced by durable goods monopolists in pricing their products. Surprisingly, the seminal article in this field did not come from a formal economic theorist but from Ronald Coase. Coase wanted to show that there are situations under which a pure monopolist might not be able to charge a monopoly price for durable products. The literature has since expanded to consider all manner of theoretical and formal conditions under which this hypothesis might or might not hold. And scholars have claimed that this body of work provides insights into everything from strategic leases to planned obsolescence and the problem of new model introductions. But how well has this literature really served to illuminate the problems facing actual business firms? While the safety razor industry has often been invoked as an example of durable goods pricing there has only been limited investigation into the actual behavior of the dominant firm in this industry – Gillette. We consider here the major ideas that have developed as an offshoot of the original Coase paper and the extent to which a case study of Gillette confirms or confounds this analysis.
We review the transition of the Russian banking sector focusing on the interplay between ownership change and institutional change. We find that the state's withdrawal from commercial banking has been inconsistent and limited in scope. To this day, core banks have yet to be privatized and the state has made a comeback as owner of the dominant market participants. We also look at the new institutions imported into Russia to regulate banking and finance, including rule of law, competition, deposit insurance, confidentiality, bankruptcy, and corporate governance. The unfortunate combination of this new institutional overlay and traditional local norms of behavior have brought Russia to an impasse - the banking sector's ownership structure hinders further advancement of market institutions. Indeed, we may now be witnessing is a retreat from the original market-based goals of transition.
In this chapter, the tools of institutional economics applied to the comparative analysis of traffic rules as amended in 1998, 2010 and 2014. It is shown how the contract eliminated the holes in the different editions of traffic rules.
The article is devoted to police moonlighting in Russia. Despite the initial function of law regulation, in many countries police transformed in a destructive tool. In contemporary time police are highly involved in economic activity, which is embedded in business and political spheres. The authors describe the complicated intertwining of legal and illegal aspects of the activity, and bring light to fundamental causes of police moonlighting and socio-economic and political consequences of the phenomenon. The article is based on results of researches of key Russian teams in this field.
The Summer School is aimed at creating and supporting the academic network of young researchers from all regions of Russia as well as from CIS and other countries, who work in the field of New Institutional Economics. The schedule of the Summer School includes lectures, seminars and plenty of possibilities for discussion and communication. This year we will focus on possibilities and challenges of applied research in the institutional economics framework.
Smoking is a problem, bringing signifi cant social and economic costs to Russiansociety. However, ratifi cation of the World health organization Framework conventionon tobacco control makes it possible to improve Russian legislation accordingto the international standards. So, I describe some measures that should be taken bythe Russian authorities in the nearest future, and I examine their effi ciency. By studyingthe international evidence I analyze the impact of the smoke-free areas, advertisementand sponsorship bans, tax increases, etc. on the prevalence of smoking, cigaretteconsumption and some other indicators. I also investigate the obstacles confrontingthe Russian authorities when they introduce new policy measures and the public attitudetowards these measures. I conclude that there is a number of easy-to-implementanti-smoking activities that need no fi nancial resources but only a political will.
One of the most important indicators of company's success is the increase of its value. The article investigates traditional methods of company's value assessment and the evidence that the application of these methods is incorrect in the new stage of economy. So it is necessary to create a new method of valuation based on the new main sources of company's success that is its intellectual capital.