CHOICE OF THE OPTIMAL STRATEGY IN THE MARKET WITH PERFECT COMPETITION

2020 ◽  
Vol 1 (6) ◽  
pp. 95-100
Author(s):  
A. I. FEDOSYUK ◽  

This article discusses the issue of choosing the optimal competitive strategy in markets with perfect competition. In the context of the rapid development of digital technologies, more and more market segments are subject to commoditization, which leads, on the one hand, to an essential depersonalization of suppliers of goods, works and services, and on the other hand, to the choice made by the consumer solely on the basis of price criteria. Over the past two decades, there has been a market segment in the Russian economy that is inherently close to perfectly competitive markets – the sub-federal debt market of the Russian Federation. The structure of the subfederal debt market, formed by numerous suppliers (credit organizations) and consumers (constituent entities of the Federation), and transparent bidding mechanisms existing under the Russian antitrust laws, combined with the uniformity of the goods being traded (cash loan) make it possible to consider it a market with perfect competition. But, unlike the classical commodity market, credit market transactions are characterized by the duration of the active interaction of the creditor (supplier) and the debtor (consumer), since the loan is provided for a certain period, after which it must be repaid with payment of all interest due. Thus, the behavior of the creditor bank is determined not only by the market situation at the time of the transaction, but also by the change in the state of the debtor during the loan period. With this in mind, the task of choosing the optimal market strategy becomes non-linear and can be solved using numerical methods of modeling the trading process.

2018 ◽  
Vol 4 (1) ◽  
pp. 67-84
Author(s):  
Wahyudin Noor

Abstract Pesantren are often associated with backwardness and traditionalism in everything: facilities, technology, learning methods, and even the curriculum. For now, it seems like the traditional term for pesantren is no longer relevant enough. The pace of movement in the era of renewal marked by the rapid development of technology has demanded pesantren to make adjustments. However, on the one hand, when viewed from the direction of change, the reform efforts pursued by pesantren are not to erase the old tradition, but merely to add something new so that the old tradition and conditions can be maintained while accepting the presence of a new one. On the other hand, the reform efforts undertaken by pesantren have implications for the fact that the typical values of the pesantren are fading away. Abstrak  Pesantren seringkali diasosiasikan dengan keterbelakangan dan tradisional dalam segala hal: fasilitas, teknologi, metode pembelajaran, dan bahkan kurikulumnya. Untuk saat ini, sepertinya istilah tradisional untuk pesantren, sudah tidak lagi cukup relevan. Laju gerak pembaharuan zaman yang ditandai dengan pesatnya perkembangan teknologi telah menuntut pesantren untuk melakukan penyesuaian diri. Kendatipun demikian, di satu sisi, jika dilihat dari arah perubahan, upaya pembaharuan yang ditempuh pesantren tidaklah untuk menghapus tradisi yang lama, tetapi sekadar menambah dengan sesuatu yang baru sehingga tradisi maupun kondisi yang lama bisa dipertahankan sambil menerima kehadiran yang baru. Di sisi yang lain, upaya pembaharuan yang dilakukan pesantren ternyata berimplikasi pada kenyataan akan semakin pudarnya nilai-nilai khas yang dimiliki oleh pesantren.


Author(s):  
Wenyi Yang ◽  
Xueli Wang ◽  
Keke Zhang ◽  
Zikan Ke

In the context of the rapid development of urbanization and increasing population mobility in China, the outbreak of COVID-19 has had a significant impact on China’s economy and society. This article uses China UnionPay transaction data and takes Hubei, the worst-hit region by COVID-19 in China, as an example, to conduct empirical analysis using the generalized method of moments (GMM) of the impact of current urbanization patterns on the spread of the epidemic and economic recovery from the perspectives of time, industry, and regional differences. The study found that during the different stages of COVID-19, including discovery, outbreak, and subsidence, the overall impact of urbanization on the economy in Hubei Province was first positive, then became negative, and finally gradually increased. This process had significant industrial and urban heterogeneity, which was mainly manifested in losses in tourism and catering industries that were significantly greater than those in the audio-visual entertainment and digital office industries. Similarly, the recovery speed of large cities was lower than that of small and medium-sized cities. The main reason for these differences is that the one-sided problem of urbanization is more obvious in areas with higher urbanization rates. COVID-19 has drawn attention to the development of urbanization in the future, that is, the development path of one-sided economic resource agglomeration and scale expansion should be abandoned, with greater attention paid to the improvement of service functions and the development of amenities. This transformation is necessary to enhance urban economic resilience and reduce public health risks.


1957 ◽  
Vol 17 (1) ◽  
pp. 62-83 ◽  
Author(s):  
Richard B. Sheridan

In The past few decades several approaches have been adopted with respect to the Molasses Act controversy of 1730–1733. It has been considered from the standpoint of Anglo-French commercial rivalry; as a conflict between two British colonial regions; as a measure designed to aid one group of British colonies at the expense of another; and as a source of precedents for parliamentary taxation of the colonies on the one hand and the colonists’ refusal to comply with such taxation on the other. While the trade between North America and the French West Indies was the chief target of attack, it is not always realized that proponents of the Molasses Act had other objectives in mind. British sugar planters were not only at odds with North American merchants who traded with the foreign sugar islands, but also with Irish merchants who pursued a similar course of trade and with the buyers of sugar in England. Failure to achieve results by means of restrictive legislation in one area did not necessarily preclude success in others. The controversy needs to be understood in terms of the international sugar economy, the changing nature of the British market for sugar and rum, and the planters’ attempt to adapt the Navigation Acts to these changes. From the planters’ standpoint, the Molasses Act was only one of several measures that were needed to adapt the Navigation Acts to the realities of the market, so it may be unrealistic to consider any one act in isolation.


2019 ◽  
Vol 5 (1) ◽  
pp. 1-26 ◽  
Author(s):  
Valeriy V. Mironov ◽  
Liudmila D. Konovalova

The article considers the problem of the relationship of structural changes and economic growth in the global economy and Russia in the framework of different methodological approaches. At the same time, the paper provides the analysis of complementarity of economic policy types, which, on the one hand, are aimed at developing the fundamentals of GDP growth (institutions, human capital and macroeconomic stabilization), and on the other hand, at initiating growth (with stable fundamentals) with the help of structural policy measures. In the study of structural changes in the global economy, new forms of policies of this kind have been revealed, in particular aimed at identifying sectors — drivers of economic growth based on a portfolio approach. In a given paper a preliminary version of the model of the Russian economy is provided, using a multisector version of the Thirlwall’s Law. Besides, the authors highlight a number of target parameters of indicators of competitiveness of the sectors of the Russian economy that allow us to expect its growth rate to accelerate above the exogenously given growth rate of the world economy.


2019 ◽  
Vol 4 ◽  
pp. 23-33 ◽  
Author(s):  
Masuma Mammadovа

The rapid development of information technologies and their penetration into various spheres of human activity cause a sharply increased demand for IT specialists, in many countries of the world far exceeding the supply on them. High rates of technological transformation contribute to the diversification of the IT segment of the labor market, on the one hand, stimulate the disappearance of some and the emergence of new IT specialties, on the other. This creates a discrepancy between the structure of IT-related education and the labor market demand for IT specialists of the required profile and determines the relevance of developing methods for assessing the demand for IT specialties. This article is devoted to the study and solution of the problem of identifying the demand for IT specialties in the absence of accurate and complete information about the situation in the IT market segment. For the assessment of IT specialties and their ranking by the degree of demand in the labor market, the tasks of making individual and group decisions in the context of fuzzy initial information are formulated and solved. The methodological basis of the tasks posed is multi-criteria decision support methods based on fuzzy relations of expert preferences. The proposed approach as a mathematical tool for minimizing the structural imbalance of supply and demand for IT specialties is one of the components of the system of intellectual management of the labor market of IT specialists. The latter is designed to support the adoption of scientifically based management decisions to eliminate the mismatch of supply and demand in the IT segment of the labor market in professional, quantitative and qualitative sections.


2017 ◽  
Vol 16 (3) ◽  
pp. 83
Author(s):  
László Gere ◽  
Ráhel Czirják

A fejlesztéspolitikában ma a „smart” címkével minden vonzóbb, eladhatóbb, a kifejezés sokszor a ’környezetbarát’ vagy ’fenntartható’ szinonimájaként is használatos. A városfejlesztésben az utóbbi idők egyik legfelkapottabb paradigmája, globális szintű versengést indítva mind a városok, mind az érdekelt vállalatok között a kölcsönösen hasznosnak vélt előnyök reményében. A szerzők egyrészt annak jártak utána, miért éppen most virágzott fel a smart city mint fejlesztési paradigma, és milyen tényezők indukálták gyors előretörését. Másrészt a nemzetközi példák bemutatásán keresztül arra a kérdésre keresik a választ, milyen társadalmi hatásokkal járnak ezek a fejlesztések, milyen kihívásokkal kell szembenézni a smart city fejlesztések kapcsán, és vajon a jövőben a fejlesztési szereplők képesek lesznek-e tanulni hibáikból, és tudatosan tervezni a hatások összességével. --- Do smart cities intensify social exclusion? In development policy everything seems to be more attractive and marketable when labelled ‘smart’; the expression is often used even as a synonym for ‘environmentally-friendly’ or ‘sustainable’. Considering urban development projects, smart city development is one of the most popular paradigms, triggering global competition between cities as well as the interested companies, both expecting mutual benefits from the co-operation. The article, on the one hand, tries to reveal, why the smart city paradigm has now started to thrive, and what factors played a part in its rapid development. On the other hand, through the presentation of international practices, the authors intend to answer what social impacts these developments have had, what challenges have the smart city developments met, and whether in the future the actors could learn from their mistakes and consciously take into account the complexity of impacts.


2021 ◽  
Vol 27 (3) ◽  
pp. 7-14
Author(s):  
Almas Musa Kizi Ismailova

The article analyses the main provisions of the peasant reform in Georgia, which had a further impact on the socio-economic development of the landowner peasants of Tiflis and Kutaisi provinces in the last quarter of the 19th – the early 20th centuries. On the basis of archival sources and literature, the author considers the reasons for the difficult economic situation of the Georgian landowners in the period under study. An analysis makes it possible to conclude that the socio-economic relations that had been formed in Georgia determined the contradictions inherent in the capitalist mode of management. On the one hand, the peasant reform contributed to the more rapid development of the capitalist mode of production in the countryside, laying the foundation for economic development in agriculture, the introduction of commercial agriculture, the growth of agricultural productivity, and the maturation of commodity-capitalist relations. On the other hand, the main means of production were in the hands of the landlords, which led to an even greater extensive impoverishment of the landlord peasants. Thus, in Georgia, the remnants of serfdom survived even longer than in the European provinces of the Russian Empire. It is concluded that the reason for these remnants included the backwardness and relatively weak development of capitalist relations in the South Caucasus, in particular, in Georgia.


2021 ◽  
Author(s):  
IEP Submitter ◽  
Artem Shadrin
Keyword(s):  

2020 ◽  
Vol 4 (2) ◽  
pp. 87-105
Author(s):  
Muhammad Solahudin ◽  
Ecep Ismail ◽  
Irwan Abdurrohman

On the one hand, in the environment of the Pesantren salaf community, a kind of environment and tradition is formed which shows its unique, even unique characteristics, which are only understood by the community. Gus Dur, in this case, stated that the Pesantren salaf community is a community that has its own subcultural in the middle of society with the complexity of the problems in it. But on the other hand, there is a very rapid development of science and technology, so it demands pesantren salaf to make changes to adjust to the times, both in terms of the education system, the boarding school environment, institutions, leadership patterns, and others. Therefore, the study contained in the title "Pesantren Salaf: Social Change and Sublimation of Identity (Pesantren Model in West Java)", is very important to be carried out.The purpose of this study is none other than to find the concept of changes that occur in Pesantren salaf in West Java. For more details, they are: 1) uncovering the factors that drive changes in pesantren in West Java; 2) reveal pesantren's efforts in facing the challenges of the times, and 3) find forms of changes that occur in the Pesantren salaf in West Java.This research departs from a thought that social change will occur due to four things. First, Evolution. This theory states that humans as part of a cultured society will naturally develop gradually from simple forms to complex and perfect stages. Second, Conflict. This theory strongly believes that change will only occur if there is conflict. Third. Functional Theory. Social change occurs because of the disharmony between cultural elements. Fourth, Cycle Theory. Social change by itself will occur and cannot be controlled.The method used in this research is descriptive. In the process, the data is collected and compiled. After the data is collected and arranged in such a way, the authors analyze it and provide interpretation, with a qualitative approach. So that it is expected to be able to uncover the realities of the Pesantren salaf which are changing in the community.The results of the study stated that the Pesantren salaf can adapt well to social change by bringing up certain identities. This shift in identity needs to be examined and studied through the theory of action put forward by Max Weber. First, zweckrational. This theory is known as rational-purpose. In doing something always with a good and accurate calculation. Second, wertrational or rational-values. The involvement of the subject is directly involved in matters of absolute importance. The four traditionalists. This theory of action rests on established and established customs or traditions. Traditionalist theories respect existing authority.


2021 ◽  
Vol 235 ◽  
pp. 01062
Author(s):  
Shan Guan ◽  
Xin Wang

The rapid development of the Internet has drastically changed the competitive environment and the profit model of global telecommunications market. Virtual value chain is the information-based projection of value chain in the virtual world. It transcends the original one by creating new value in the value-adding process. This article studies the changes in Guangdong Telecom Company Limited’s market strategy from the perspective of virtual value chain, and allows telecom operators to take it as a reference for market strategies’ formulation. This article uses literature research method and case research method to draw conclusions that virtual value chain has helped Guangdong Telecom Company Limited establish new customer relationships, and the significance of virtual value chain is surpassing traditional value chain continually. Therefore, proper use of Internet-related technologies will help the long-term development of telecommunications industry.


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