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July 16, 2026
Team Success: Aligning Means with Objectives
In corporations, sports, and academia, people often face challenges they cannot handle alone. In such cases, selecting the right team is crucial. Tatiana Mayskaya, Associate Professor at the HSE Faculty of Economic Sciences and the International College of Economics and Finance, together with colleagues from foreign universities, examined team characteristics and found that less diverse teams are better suited to objectives where a high average performance is important, whereas more diverse teams are preferable when avoiding failure is critical. The paper has been published in Economic Theory.
July 15, 2026
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Economists at HSE University have examined how smokers respond to changes in cigarette prices. When tobacco prices increase, cigarette consumption does not always decline. In fact, spending on tobacco may even rise: according to the researchers, a 1% decrease in cigarette affordability leads to a 0.28% increase in per capita tobacco expenditure. The findings suggest that to reduce smoking rates, tobacco prices must rise faster than household incomes. The study has been published in Voprosy Statistiki.
July 15, 2026
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The devices, created by student teams, will conduct space research on the properties of promising solar cells, on-board energy storage systems, and serial electronics for student satellites.

 

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Институциональное и культурное направления в экономике развития: предпосылки относительно мотивации агентов как источник разногласий

Журнал Новой экономической ассоциации. 2020. Т. 46. № 2. С. 139–156.
Bakeev M.

In this paper we address the methodological discrepancies that exist between institutional and cultural approaches in modern literature devoted to the study of reasons for economic development in the long historical perspective. We analyze in detail and compare the ontological assumptions of the theories of key representatives of the institutional (D. Acemoglu, J. Robinson and D. North) and cultural research directions (J. Mokyr, D. McCloskey). We show that traditional ways of conceptualizing are insufficient for understanding the actual source of methodological disagreements existing between these approaches. We argue that the reason for such disagreements is
the difference in implicit ontological assumptions regarding the motivation of agents between the theories under consideration. The authors of institutional theories, who do not consider it necessary to assign an independent role to cultural factors along with institutional ones, at the level of ontological assumptions reject the possibility of exogenous changes in the internal motivation of agents. At the same time, the authors of cultural theories, who distinguish institutional and cultural factors as independent from each other, in their theories acknowledge the presence of exogenous shocks of internal motivation and their potentially important role in economic changes. This discrepancy determines, on the one hand, the deductive nature of analytical narratives within the institutional research direction, and on the other hand, the inductive nature of the historical argumentation of representatives of the cultural research direction.

Research target: Economics and Management Philosophy, Ethics, and Religious Studies Sociology (including Demography and Anthropology History and Archeology
Language: Russian
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Keywords: экономическое развитиеcultureeconomic developmentмотивацияинститутыinstitutionsmotivationидеиideas культураontological assumptionsscientific disputesонтологические предпосылкинаучные споры
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