Parametric management of economic actor behaviour under bounded rationality
The article explores parametric management of economic entity production volume within framework of weak and strong hypothesis of bounded rationality. The concept of parametric management with the example of economic entity behavior modeling under the conditions of bounded rationality is considered....
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Real Economics Publishing House
2017
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oai:doaj.org-article:e3514769f5c94d89a501e7ace329b0ff2021-11-19T10:41:59ZParametric management of economic actor behaviour under bounded rationality2618-947X2618-998410.17747/2078-8886-2017-4-5-58-67https://doaj.org/article/e3514769f5c94d89a501e7ace329b0ff2017-10-01T00:00:00Zhttps://www.jsdrm.ru/jour/article/view/706https://doaj.org/toc/2618-947Xhttps://doaj.org/toc/2618-9984The article explores parametric management of economic entity production volume within framework of weak and strong hypothesis of bounded rationality. The concept of parametric management with the example of economic entity behavior modeling under the conditions of bounded rationality is considered. The qualitative analysis of nonlinear kinetics differential equations is applied as the basic method of the investigation suggested. The investigation proves the possibility of parametric stimulation of economic entity production volume increasing by the means of: transfers, taxes, fixed prices depending on different conditions, such as the model of economic entity rationality, demand function, borrowing financial assets accessibility. The invariant instruments of parametric management for different models of economic actors strategic behavior are proposed. The managerial problems explored may be generalized for solving the coordination problem as a hole.A. YU. ObydenovReal Economics Publishing House articleparametric managementmanagement of behavioureconomic actornonlinear dynamicsbounded rationalityRisk in industry. Risk managementHD61RU Strategičeskie Rešeniâ i Risk-Menedžment, Vol 0, Iss 4-5, Pp 58-67 (2017) |
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DOAJ |
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parametric management management of behaviour economic actor nonlinear dynamics bounded rationality Risk in industry. Risk management HD61 |
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parametric management management of behaviour economic actor nonlinear dynamics bounded rationality Risk in industry. Risk management HD61 A. YU. Obydenov Parametric management of economic actor behaviour under bounded rationality |
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The article explores parametric management of economic entity production volume within framework of weak and strong hypothesis of bounded rationality. The concept of parametric management with the example of economic entity behavior modeling under the conditions of bounded rationality is considered. The qualitative analysis of nonlinear kinetics differential equations is applied as the basic method of the investigation suggested. The investigation proves the possibility of parametric stimulation of economic entity production volume increasing by the means of: transfers, taxes, fixed prices depending on different conditions, such as the model of economic entity rationality, demand function, borrowing financial assets accessibility. The invariant instruments of parametric management for different models of economic actors strategic behavior are proposed. The managerial problems explored may be generalized for solving the coordination problem as a hole. |
format |
article |
author |
A. YU. Obydenov |
author_facet |
A. YU. Obydenov |
author_sort |
A. YU. Obydenov |
title |
Parametric management of economic actor behaviour under bounded rationality |
title_short |
Parametric management of economic actor behaviour under bounded rationality |
title_full |
Parametric management of economic actor behaviour under bounded rationality |
title_fullStr |
Parametric management of economic actor behaviour under bounded rationality |
title_full_unstemmed |
Parametric management of economic actor behaviour under bounded rationality |
title_sort |
parametric management of economic actor behaviour under bounded rationality |
publisher |
Real Economics Publishing House |
publishDate |
2017 |
url |
https://doaj.org/article/e3514769f5c94d89a501e7ace329b0ff |
work_keys_str_mv |
AT ayuobydenov parametricmanagementofeconomicactorbehaviourunderboundedrationality |
_version_ |
1718420224999424000 |