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Methods of Cognitive Analysis in Devising and Substantiating Strategies of Economic Development

Author

Listed:
  • V. V. Kuleshov

    (Institute of Economics and Industrial Engineering, Siberian Branch, Russian Academy of Sciences)

  • A. V. Alekseev

    (Institute of Economics and Industrial Engineering, Siberian Branch, Russian Academy of Sciences)

  • M. A. Yagol’nitser

    (Institute of Economics and Industrial Engineering, Siberian Branch, Russian Academy of Sciences)

Abstract

— The article presents a cognitive model for the support of decision-making in pursuing innovation economic policy with regard to the primary and agricultural sectors of the Russian economy. The methodological basis of the approach is the study of a directed graph representing the formalization of a cognitive scheme describing the interaction of many factors in a complex system of socio-economic relations at the level of the national economy. The results obtained by simulation modeling of five scenarios for the economic development of the Russian economy are discussed. The role of innovation and institutional changes and accomodative monetary policy in ensuring sustainable economic growth is shown.

Suggested Citation

  • V. V. Kuleshov & A. V. Alekseev & M. A. Yagol’nitser, 2019. "Methods of Cognitive Analysis in Devising and Substantiating Strategies of Economic Development," Studies on Russian Economic Development, Springer, vol. 30(2), pages 185-191, March.
    • Handle: RePEc:spr:sorede:v:30:y:2019:i:2:d:10.1134_s1075700719020096
    DOI: 10.1134/S1075700719020096
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    References listed on IDEAS

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    1. Richard M. Cyert & Herbert A. Simon & Donald B. Trow, 1956. "Observation of a Business Decision," The Journal of Business, University of Chicago Press, vol. 29, pages 237-237.
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