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.

Optimization of the structure of production systems

Abstract: It is shown that optimal solutions for a class of linear programming problems with partially integer variables (the PILP problems) can be constructed at the first stage of the Danzig-Wolfe decomposition [1]. Using this result allows one to simplify sufficiently the structure of production systems independently of the dimension of an initial problem.

System-Institutional Paradigm of Management of New Technological System Organizations

Abstract: Subject: The possibility and specifics of the system-institutional paradigm through the prism of innovation activity management. Objectives: Identification of management problems specific to the organization and explicitly arising as a result of its presentation on the basis of the system-institutional paradigm. Methodology: Institutional and evolutionary economic theories, organizational science, the theories of long waves and management. Results: The research features a system-institutional paradigm according to the organization level, represented in the form of environmental, object, processed, and project systems-institutions. The managing subsystem of such an organization must take into account the peculiarities of the four-element managed subsystem, its institutional features that are important for an effective strategy and tactics to be used by new technological system organizations. Conclusions: The system-institutional paradigm that unites the achievements of G. B. Kleiner and B. H. Yerznkyan’s four-element system methodology can be adapted and successfully applied to the management of organizations of the new technological system. This circumstance poses a number of problems that need to be resolved.

On the Optimal Control Problem for a Linear Stochastic System with an Unstable State Matrix Unbounded at Infinity

Abstract: We consider a control problem over an infinite time horizon with a linear stochastic system with an unstable asymptotically unbounded state matrix. We extend the notion of anti-stability of a matrix to the case of non-exponential anti-stability, and introduce an antistability rate function as a characteristic of the rate of growth for the norm of the corresponding fundamental matrix. We show that the linear stable feedback control law is optimal with respect to the criterion of the adjusted extended long-run average. The designed criterion explicitly includes information about the rate of anti-stability and the parameters of the disturbances. We also analyze optimality conditions.

Investment Timing Problem Under Tax Allowances: The Case of Special Economic Zones

Abstract: Special economic zones (SEZ) are aimed at creating a favorable environment (in terms of taxation, custom rights and administrative burden) for businesses. Particularly, the SEZ are dedicated to the development of certain types of industries or to the revitalization of several economically depressed areas. The institutional role of SEZ in economic development is largely referenced in the literature (see for example [3]). Tax exemptions are one of the most used stimuli in order to attract investment in SEZ.