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News
October 8, 2026
HSE Experts Take Part in 23rd Annual Meeting of Valdai Discussion Club
The 23rd Annual Meeting of the Valdai Discussion Club was held from September 28 to October 1, 2026 under the theme ‘Responsibility for the Future: Limits of the Possible, or Limitless Possibilities?’ The forum brought together 120 experts from 40 countries, including representatives of China, the United States, India, Brazil, the United Kingdom, Germany, Egypt, Iran, and Japan.
October 7, 2026
‘Our Team Consists of True Leaders in Their Respective Academic Disciplines
The HSE International Centre of Decision Choice and Analysis studies a wide range of methods for analysing decision-making and possible scenarios for the development of natural, socio-economic, and political phenomena using various mathematical models. The application of advanced mathematical methods to forecasting helps to prevent negative outcomes and avoid erroneous decisions. The HSE News Service spoke to the centre’s director, Prof. Fuad Aleskerov, about its work.
October 6, 2026
International N5 Symposium ‘Neural Networks and Nonlinearity in Nizhny Novgorod Brings Together Scientists from Russia and Serbia
The International N5 Symposium ‘Neural Networks and Nonlinearity in Nizhny Novgorod’ was held at the Nizhny Novgorod House of Scientists from September 23 to 26. The event was organised by HSE University–Nizhny Novgorod and the Nizhny Novgorod House of Scientists, with the participation of Sberbank and the Institute of Physics Belgrade. The symposium was held for the second time: the first conference took place in 2025 and attracted considerable interest from the academic community.

 

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Law and Economics of Regulation

Springer, 2021.
Editor-in-chief: K. Mathis, A. Tor

The purpose of this book series is to publish high quality volumes in the growing field of law and economics research in Europe, from a comprehensive theoretical and practical vantage point. In particular, the series will place great emphasis on foun- dational and theoretical aspects of economic analysis of law and on interdisciplinary approaches in European Legal Scholarship. Following Nobel laureate Ronald Coase’s famous essay “The Problem of Social Cost” (1960) fifty years ago law and economics has become the lingua franca of American jurisprudence. In recent decades, law and economics has also gained widespread popularity in Europe and its influence on Legal Scholarship is growing significantly.

Therefore, the economic analysis of law in European Legal Scholarship academic book series illustrates how law and economics is developing in Europe and what opportunities and problems – both in general and in specific legal fields – are associated with this approach within the legal traditions of European countries. Rather than further exploring economic analysis as such, the main focus of this series lies on the implementation of economic methods in legislation and legal adjudication from a European perspective. It takes into account the particular challenges the European legal systems face. Volumes will address law and econom- ics research in Europe from a critical and comparative viewpoint. The studies in this series are strong and bold narratives of the development of economic analysis of law in European Legal Scholarship. Some are suitable for a very broad readership.

Contributions in this series primarily come from scholars in Europe. The purpose is to provide the next generation of European lawyers with the models and skills needed to understand and improve the economic analysis of law in their own legal field. The series includes monographs focusing on specific topics as well as collec- tions of essays covering specific themes.

Chapters
Law and Economics in Russian Law
Antonov M., , in: Law and Economics of Regulation.: Springer, 2021. P. 55–69.
This paper studies the development of economic analysis of law in Soviet and Russian law, and a number of factors influencing this development. In Soviet law, the influence of economics on law was theoretically conceived in terms of Marxist dialectics of basis and superstructure. When Russia left the USSR in 1991, judges had to evaluate ...
Added: June 29, 2021
Priority areas: economics law
Language: English
DOI
Keywords: экономический анализ праваlaw and economics
Law and Economics of Regulation
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Subsidy Effects on Productivity and Technical Efficiency of Corporate Dairy Farms in the Russian Federation
Nikulina Y., Jamali Jaghdani T., Götz L. et al., / Series "Working Papers". 2026.
The impact of state subsidies on Russia's post-Soviet dairy output remains controversial; this study provides an empirical analysis of that relationship. Using an unbalanced panel dataset of 123 dairy enterprises in the Leningrad Region spanning the period from 2010 to 2023, we employ stochastic frontier analysis to assess these relationships. The results indicate that subsidies ...
Added: September 30, 2026
Отдача от платформенной занятости на российском рынке труда: «премия» или «штраф»?
Kapeliushnikov R., / Высшая школа экономики. Серия WP3 "Проблемы рынка труда". 2026. № WP3/2026/02.
The paper is the first attempt in the Russian literature to assess returns to platform employment in the Russian labor market. The theory offers no clear predictions regarding its impact on workers’ earnings: there might be both a premium and a penalty. We distinguish three groups of workers: employees; self-employed using internet-platforms; self-employed not using ...
Added: September 28, 2026
The Effect of AMMs on Price Bubble Formation in Cryptocurrency Markets under Proof-of-Work and Proof-of-Stake
Usvitskiy A., Mizyakov V., / Series "SSRN Working Paper Series". 2026.
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Оценка института приобретательной давности сквозь призму экономического анализа права
Таирова А. Т., Право и экономика 2026 № 9 С. 28–33
This article analyzes acquisitive prescription not from traditional dogmatic perspectives, but from the standpoint of economic analysis of law: this legal institution is viewed as a mechanism for reducing transaction costs, eliminating uncertainty in commercial transactions, and encouraging the productive use of property. Particular attention is paid to a critique of this approach, comparative legal ...
Added: September 8, 2026
Institutions, Normative Expectations, and Harassment Bribery: Evidence from a Three-country Experiment
Zhuravleva T., Afanasev K., Engelmann J. et al., / Series "SSRN Working Paper Series". 2026.
Extortionary ("harassment") bribery can persist even when widely condemned, consistent with a coordination problem sustained by beliefs about what others do and what others consider acceptable. We study whether a minimal institutional featurethe presence of a third-party monitor empowered to punish-shifts (i) normative expectations about extortion and compliance and (ii) empirical expectations about their prevalence. ...
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Cyclical Fluctuations, Financial Frictions, and Productivity Differences across Firms
Mishin A., Guerrieri L., Kim J., / Series 2026-042 "Finance and Economics Discussion Series (FEDS)". 2026.
Within narrowly defined industries, the most productive firms produce far more than the least productive from the same inputs, and this dispersion widens in downturns. We build a tractable representative-agent model in which financial frictions—adverse selection and moral hazard—make firms sort endogenously into lenders, strategic defaulters, and producers. As credit conditions vary, the resulting misallocation ...
Added: June 28, 2026
Устойчивость на текучей основе: долгосрочная устойчивая цена на нефть
Власов С. А., Nevalennyi M., Сафиулин Р. Р. et al., / Банк России. Серия Аналитическая записка "Материалы Банка России". 2026.
В аналитической записке обсуждается долгосрочно устойчивый уровень цены на российскую нефть. Это тот уровень, к которому цена нефти, вероятнее всего, будет тяготеть в долгосрочной перспективе. Потребность в его определении возникает по нескольким причинам. Во-первых, цена на нефть остается одним из ключевых экономических показателей российской экономики, определяющих экспорт, обменный курс рубля, прибыль, доходы и расходы бюджета, ...
Added: June 27, 2026
Учебная модель малой открытой экономики для анализа денежно-кредитной политики (с примерами из практики Банка России
Глазова А. М., Nevalennyi M., Синяков А. А., / Банк России. Серия Препринты Банка России "Серия докладов об экономических исследованиях". 2025. № 154.
The paper proposes a graphical model of a small open economy. The dynamics of the graphical model is then illustrated using impulse responses from the corresponding formal semi-structural model (QPM model). The authors have several goals in preparing this description of the graphical macroeconomic model. The first goal of the paper is to present an adapted ...
Added: June 27, 2026
A Static Capital Buffer is Hard To Beat
Mishin A., Guerrieri L., Canzoneri M. et al., / Series 2026-042 "Finance and Economics Discussion Series (FEDS)". 2026.
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Hybrid Competition under Fragmented Demand and Limited Consumer Choice
Bogatyrev R., Sandomirskaia M., / NRU Higher School of Economics. Series EC "Economics". 2026. No. 19(1).
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Added: June 11, 2026
How Universal is the Cool Water Effect? Evidence from the Unlikely Case of Russia
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
Финансовая грамотность и ответственное финансовое поведение российских домохозяйств
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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
Почему растущие доходы не делают людей счастливее: эмоциональное объяснение парадокса Истерлина (Why Growing Incomes Do Not Make People Happier: an Emotional Explanation of the Easterlin Paradox)
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, ...
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Управление промышленным развитием субъектов Российской Федерации в контексте национальных проектов технологического лидерства: новые инструменты и механизмы развития региональной промышленной политики
Дощатов А. А., / Экономические исследования и разработки. Серия А1 "Региональная экономика". 2026. № 5.
в научной статье анализируются проблемы управления промышленным развитием субъектов Российской Федерации в условиях реализации национальных проектов технологического лидерства. Установлена выраженная территориальная концентрация федеральных инвестиций и результатов нацпроектов в Москве, Московской области, Свердловской области, Санкт-Петербурге, Новосибирской области и Республике Татарстан. Обнаружены три системных дефицита методологического обеспечения: отсутствие эмпирических моделей корреляции капиталовложений и динамики индекса промышленного производства на ...
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In this article, we identify two recent stages in the evolution of the legal form of multinational enterprises (MNEs): the rise of offshore empires by the late 20th century and the emergence of neo-MNEs in the past decade. We examine the gradual shift in parameters linked to the economic substance unity of MNEs (Part 1) ...
Added: April 18, 2026
Covariate-Balanced Weighted Stacked Difference-in-Differences
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
Основание построения системы принципов гражданского права: концепции социального назначения права и экономического анализа права
Volos A., Теоретическая и прикладная юриспруденция 2026 № 1 С. 150–160
Введение: основание построения системы принципов гражданского права недостаточно изучено в современной науке. Ее разрешение играет не только сугубо доктринальную роль, но и имеет практическое значение: разрешение коллизий между отдельными принципами частного права, толкование норм, разрешение частных случаев при применении аналогии права со ссылкой на смысл гражданского законодательства. Именно путем обращения к основанию построения системы принципов ...
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Принуждение к миру: есть ли стимулы к примирению в исполнительном производстве?
Galperin M., Вестник гражданского процесса 2026 Т. 16 № 1 С. 45–60
The article analyzes the economic and legal factors influencing the willingness of the parties to enforcement proceedings to conclude amicable agreements in practice. The author states that the efforts of the legislator to expand the forms of reconciliation in legal proceedings, including at the stage of enforcement, have not yet been successful due to the ...
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Гонорар успеха: экономико-правовой анализ
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This article examines the legal construct of the success fee as an obligation with a suspensive condition. The author explores whether the success fee can help resolve the contradiction between formal equality and actual economic inequality between the parties in a legal dispute. While allowing the less affluent party to access quality legal assistance, the ...
Added: March 24, 2026
Загадка внутренней мотивации
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
Up and Down the Mount Stupid: An Emotional Explanation of the Dunning-Kruger Effect
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
Microfoundations of the Cultural Modernization Theory
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 ...
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Тузов Д. О., Sarajevo: Faculty of Law University of East Sarajevo, 2023.
We are honoured to present the Collection of Papers “The Law between Creation and Interpretation”, which is the result of the Scientific Conference held for the eleventh time on the occasion of the Day of the Faculty of Law. At the Conference held in November 2022, 179 authors and co-authors from 20 countries (Russia, Greece, ...
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Зборник радова „Правне празнине и пуноћа права“. Правни факултет Универзитета у Источном Сарајеву. Том V. Collection of papers „Legal gaps and the completeness of law“. Faculty of Law University of East Sarajevo. T. V
Sarajevo: Faculty of Law University of East Sarajevo, 2024.
We present to the scientific public the Proceedings “Legal gaps and the completeness of law”, which is the result of the scientific conference held for the twelfth time on the oc-casion of the Day of the Faculty of Law. At the conference held in October 2023, 206 au-thors and co-authors, from three continents and 23 ...
Added: January 31, 2026
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