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GOVERNANCE OF EQUITY CROWDFUNDING
Экономическое развитие России. 2017. Т. 24. № 3. С. 69–81.
As a result of development of the network technologies and horizontal integration of social processes, a new financial instrument - equity сrowdfunding – has been formed. This innovative method ensures over-the-counter offerings, which expands the sphere of public financing to small and medium-sized business. However, implementation of this instrument calls for some changes in legislation for the stock market.
This paper presents a complex analysis of the main changes in the US legislative base, features EU legal standards, and identifies key elements of the economic-legislative regulatory mechanism. In conclusion, current Russian legislation is analyzed - with evaluation of its adaptiveness to changes in accordance with global practices.
Pishnyak A., Khalina N., Nazarbaeva E. et al., Вопросы экономики 2026 № 6 С. 58–74
The article presents the results of a study examining the relationship between time and monetary expenditures among Russian households across different spheres of consumption. Drawing on data from a nationwide population survey combining questionnaire-based information with time-use diaries, the study demonstrates that, depending on the specific sphere of consumption, time and money may function either ...
Added: June 8, 2026
Matveeva N., Ferligoj A., Batagelj V., Scientometrics 2026 P. 1–20
Scientific collaboration among universities is traditionally studied by counting coauthored papers with different types of partners. Under this approach, the internal mechanisms of collaboration remain hidden and, without additional normalization, the results can be biased. In our study, we apply co-authorship network analysis to examine collaboration structures within university research networks. We use OpenAlex data ...
Added: June 8, 2026
Nagernyak M., Ter-Akopov S., Voronina N. et al., Вопросы экономики 2026 № 6 С. 75–96
A reliable evaluation of the population's socioeconomic behavior must consider "overlapping activities," which is reflected in combining leisure with other tasks. Based on data from the HSE Economic Behavior of Households research project, the paper examines patterns of overlapping leisure consumption in contemporary Russian society. The authors evaluated the frequency and amount of overlapping leisure ...
Added: June 8, 2026
Kazun A., Вопросы экономики 2026 № 6 С. 5–30
Проанализированы факторы выживаемости малого и среднего предпринимательства в России на данных о 5,22 млн юридических лиц на основании реестра МСП, финансовой отчетности RFSD и сведений ЕГРЮЛ о собственности и управлении. Прекращение деятельности разделено на четыре типа: реорганизация, вероятное банкротство, исключение ФНС и прочая ликвидация. Модели Кокса дают два результата. Во-первых, кажущееся преимущество малых и средних ...
Added: June 6, 2026
Gershman M., Brambila F., Bredikhin S. V. et al., М.: ИСИЭЗ ВШЭ, 2026.
The monograph presents the results of a comprehensive analysis of trends in science and technology policy, as well as strategies and practices of public administration in this sphere in foreign countries, conducted by the Institute for Statistical Studies and Economics of Knowledge (ISSEK) of the National Research University Higher School of Economics.
Current global trends in ...
Added: June 5, 2026
Zhuravleva T., Afanasev K., Journal of Economic Interaction and Coordination 2026 P. 1–23
Punishment plays a crucial role in driving norm change by incentivizing compliance with evolving shared normative expectations. Punitive measures typically encompass two components: a communicative effect, which delineates inappropriate conduct, and an institutionalized procedure that facilitates sanction enforcement. This study specifically investigates the latter dimension, examining how the mere existence of a punishment institution influences ...
Added: June 5, 2026
Sinitsyn M., Весь мир, 2025.
The global transportation sector is undergoing a major transformation associated with the transition to a low-carbon economy and the expanded use of alternative energy sources. In recent decades, the substitution of petroleum-based motor fuels with their substitutes – primarily biofuels and electric power (electric vehicles) – in light-duty road transport has accelerated. Public policy at ...
Added: June 5, 2026
Идея-Пресс, 2026.
The year 2025 was marked by deepening contradictions between the leading world powers in world politics and economics. The dominant paradigm is the transition of the world's leading players, primarily the United States, to fierce competition in order to promote and realize national interests. In this context, political polarization has increased in many countries of ...
Added: June 5, 2026
Sinitsyn M., Экономика строительства 2025 № 10 С. 265–268
This article analyzes recent trends in the global fuel cell electric vehicle market, including declining sales and weakening government incentives, China's support for the development of hydrogen-powered trucks. It shows that the purchase price and fuel costs of hydrogen vehicles are higher than those of diesel and electric vehicles. Hydrogen from coal and natural gas ...
Added: June 5, 2026
Sinitsyn M., Анализ и прогноз. Журнал ИМЭМО РАН 2025 № 3 С. 25–35
The article assesses life-cycle greenhouse gas emissions of internal combustion engine vehicles and battery electric vehicles including emissions from production, operation, maintenance, battery replacement and disposal. The author uses data on the carbon intensity of electricity generation in the European Union, USA and China – leaders in global energy transition – to estimate greenhouse gas ...
Added: June 5, 2026
Kravtsova M., Musaev A. U., Welzel C., / Series "SSRN Working Paper Series". 2026.
Elaborating on Welzel et al.'s "Cool Water Theory," our study zooms into the more limited (albeit still varied) framework conditions of Russia's huge territory. Within Russia's confines, we examine how the combination of moderately cool seasons with steady rain (i.e., Cool Water) affects sub-national areas' contemporary societal progress in two modernization indicators: material prosperity in ...
Added: June 3, 2026
Блохин А. А., Larionov A., Вестник Российской академии наук 2026 Т. 96 № 6 С. 564–574
The study confirms the importance of institutional factors in the formation of digital ecosystems. Their advantages for participants consist in the creation of a common environment with reduced transaction costs. Such an advantage is created by the dominant large business in it, organizing the ecosystem, based on its access to information arrays, a wide network ...
Added: June 3, 2026
Styrin E. M., Sanina A., Ataeva A. et al., Public administration and development 2026 P. 1–18
Digital public procurement is increasingly implemented through e-procurement platforms, yet evidence on the governance capabilities needed to deliver transparency, coordination and organisational learning remains limited outside high-capacity contexts. This article reframes public procurement as a socio-technical platform ecosystem and develops an ecosystem capability framework that links three tiers (government, platform operators and users) to three ...
Added: June 2, 2026
Shirokova G., Bystrov Arsenii, Tyutneva Anna, Foresight and STI Governance 2026 Vol. 20 No. 2 Article 31636
Small and medium-sized enterprises (SMEs) operate under conditions of chronic resource constraints, which makes it important to study strategies capable of transforming available resources into sustainable financial outcomes. One such strategy is entrepreneurial bricolage - the unconventional recombination of existing resources to address organizational challenges. This article examines the impact of bricolage on SME performance, ...
Added: June 2, 2026
Biryukova A., Zasimova L. S., Вопросы статистики 2026 Т. 33 № 2 С. 40–57
The paper examines changes in the economic affordability of cigarettes in Russian regions in 2011–2023. Using fixed-effects models, it estimates the impact of prices, incomes, and tobacco affordability (the ratio of per capita income to cigarette price), on three indicators: retail sales of cigarettes per capita, adult population spending on tobacco products, and the share of these ...
Added: June 1, 2026
Saakyan T. V., Региональная экономика и управление: электронный научный журнал 2023 № 4 (76) Статья 41
The article is devoted to the analysis of conditions influencing the choice of the option of selecting the recipients of subsidies in order to provide them with state budget support. The results of the analysis of possible actions of subnational authorities and local governments in the transition to a new procedure for selecting recipients of ...
Added: June 1, 2026
Saakyan T. V., Финансовые рынки и банки 2024 № 4 С. 92–100
The publication presents the results of a study focusing on the legal foundations and practical aspects of state financial control in the Russian Federation. Particular attention is paid to the analysis of legal regulations governing control activities aimed at assessing compliance with the requirements of Russian legislation by participants in relations arising in the process ...
Added: June 1, 2026
Синяков А. А., Зверева В., Шелованова Т. И., / Центральный банк Российской Федерации. Серия 132 / 2024 "Серия докладов об экономических исследованиях". 2024. № 132.
At the end of 2023, Russia updated its Strategy for Improving Financial Literacy and Developing Financial Culture Until 2030. Unlike the previous strategy, the current strategic goals include not only financial literacy but also financial culture. ‘Culture’ is normative and socially preferred behaviour. The updated strategy brings into focus the relationship between financial literacy and responsible financial behaviour. To explore this relationship, the authors rely on data from the All-Russian Survey of Consumer Finance (2020 and 2022). Socially ...
Added: June 1, 2026
Vorchik A., / SSRN. Серия Social Science Research Network "Social Science Research Network". 2026.
This work is devoted to a theoretical explanation of the Easterlin paradox, according to which long-term economic growth does not make average level of people's happiness increasing. By happiness, we mean the intensity of emotions people experience while comparing their new income with its expected value, or the target income with its original value. In the first case, ...
Added: May 31, 2026
Ustyuzhanin V., / Series Econometrics "arxiv". 2026.
This paper proposes Covariate-Balanced Weighted Stacked Difference-in-Differences (CBWSDID), a design-based extension of weighted stacked DID for settings in which untreated trends may be conditionally rather than unconditionally parallel. The estimator separates within-subexperiment design adjustment from across-subexperiment aggregation: matching or weighting improves treated-control comparability within each stacked subexperiment, while the corrective stacked weights of Wing et ...
Added: April 3, 2026
Vorchik A., / Social Science Research Network. Серия SSRN Working Paper Series "SSRN Working Paper Series". 2026.
This article is devoted to the phenomenon of intrinsic motivation, to understand which two models are proposed. We study how positive/negative intrinsic motivation to work (experienced utility) affects worker's individual labour supply (model I) and the amount of effort they exert (model II). In model I, we use intrinsic motivation to explain the positive/negative slope ...
Added: March 15, 2026
Vorchik A., Мамышев М. А., / Series Social Science Research Network "Social Science Research Network". 2025.
In this paper, we develop a formal mathematical model aimed to explain the Dunning-Kruger effect that beginners systematically overestimate their own competence in various fields of knowledge and activity. We argue that the Dunning-Kruger effect arises from the emotional nature of confidence combined with unknown unknowns that it simply can not take into account due ...
Added: February 11, 2026
Musaev A. U., Vorchik A., / Series Social Science Research Network "Social Science Research Network". 2026.
This paper attempts to model the evolutionary theory of modernization and democratization. The model reflects the key provisions of R. Inglehart and C. Welzel's theory and provides a microfoundation for the adaptation of subjective values to the objective importances of the survival factors and the structure of the labour markets from the perspective of evolutionary ...
Added: February 10, 2026
Antsygina A., Teteryatnikova M., Tremewan J. C. et al., / Series "SSRN Working Paper Series". 2025.
Many competitive environments allow for a third party to be indirectly involved by supporting one or both sides in the conflict. Such support can come from trade partners, colleagues, or allies, who can in turn benefit from a supported party's success. We use theory and an experiment to investigate how support relationships develop endogenously in ...
Added: January 31, 2026