Central Economics and Mathematics Institute

About: Central Economics and Mathematics Institute is a facility organization based out in Moscow, Russia. It is known for research contribution in the topics: Population & Foreign-exchange reserves. The organization has 297 authors who have published 580 publications receiving 6449 citations. The organization is also known as: Federal State Institution of Science Central Economics and Mathematics Institute of the Russian Academy of Sciences.

Relevance in Web search: between content, authority and popularity

Abstract: The algorithms underpinning information retrieval shape its outcomes and have epistemological, social and political consequences. On the one hand, the Web search algorithms place a specific actor—the Web librarian (cataloguer), the document’s creator, the expert (“authority”), the user or the service provider (developer and operator of a search engine)—in the position of a decision-maker. Each of them has distinctive criteria of relevance in information retrieval. On the other hand, the application of those criteria determines what information the user receives. Content-based search places emphasis on the contents of retrievable documents whereas collaborative search shifts the focus of attention to opinions of experts and other users. The outcomes of content-based and collaborative searches diverge as a result. Depending on the information provided to the user, the development of her knowledge and socialization proceeds differently. A plea for customized Web search is made. It is argued that the user should be given an opportunity for selecting a combination of content-based and collaborative search that matches her interests and the context of a search query.

Semantic Enrichment of Research Outputs Metadata: New CRIS Facilities for Authors

Abstract: A CRIS system with implemented semantic linkage technique opens new opportunities for authors of research outputs. Using facilities of such a CRIS authors can essentially enrich metadata of their research outputs after the papers have been published and have become available at the CRIS. The proposed approach allows for authors providing some data for enrichment purposes. These data include their personal roles and contributions into the collective research, comments and notes for updating publication abstracts, data about motivations for citing the papers in the reference lists, research association with newer relevant publications, etc. Technically authors make such enrichment as a semantic linking of related publications’ metadata. They don’t overwrite the initial publishers’ metadata. In the paper we present this approach and its pilot implementation at the Socionet CRIS with focus on servicing the big international community of RePEc users. We expect that results of such enrichment will improve a professional recognition of “who did what” and “how research outputs were used”. Also we expect interest from research management and evaluation organizations.

A Refinement of the Black-Scholes Formula of Pricing Options

Abstract: A central problem of actuarial mathematics, i.e., the problem of pricing options (documents of a certain form that grant rights to buy or sell securities in the future), is considered. The well-known Black-Scholes approximate formula for pricing options is refined.

Acceleration of the Development of Agriculture in the Russian Economy by Increasing the Efficiency of the State Support of Rural Commodity Producers

Abstract: This article focuses on the underestimation of the potential of the state support of agricultural enterprises on the basis of well-designed principles for its further use. It is proposed to reveal the trends of production growth that are profitable for enterprises and, at the same time, meet the interests of the population and general social and economic development of the region. Advantages in obtaining state assistance should be provided to economic entities, the activity of which contributes to solving the issues of increasing the volume of sales of agricultural products reducing their prices, as well as to developing the labor market and decreasing its imbalance in Russian regions, developing innovative high-performance technologies and expanding their market, and developing the territorial production and social infrastructure.

Mapping risk factors of innovation activity enterprises

Abstract: The paper proposes a five-stage procedure to analyse risk factors of innovation activity. The system of innovation activity factors is determined at the first stage. The second stage identifies the factors that have a negative impact on innovation activity. At the third stage, the data of the innovative innovation survey is completed by additional information to obtain indirect estimates of missing factors. To determine the relative scope and magnitude of the risk factors, their ranking takes place at the fourth stage. In addition, the mapping of risks and risk factors is the subject of the fifth stage. This stage leads to the construction of relevant problem spaces for innovation management and regulation. The map obtained provides opportunities for offering policy measures (at both state and enterprise levels) to mitigate, and compensate for, risks of innovation activity. The Russian enterprises’ statistics is used to construct an example of the map.