Foundations of the parametric strategic management: An institutional economics perspective-Reference-Cited by-同舟云学术

Foundations of the parametric strategic management: An institutional economics perspective

Published:2016-08-20 Issue:8 Volume: Page:120-136
ISSN:0042-8736
Container-title:Voprosy Ekonomiki
language:
Short-container-title:Vopr. èkon.

Author:

Obydenov A.¹

Affiliation:

1. Publishing house Abevega Ru

Abstract

The article suggests the idea of parametric strategic management based on using institutions, or "rules of the game", as control parameters ensuring targeting of sustainable states, functioning modes and development trajectories (attractors) of the managed economic system, in particular, economic organization. The rules themselves do not contain directions of changes towards target attractors. The Coase theorem appears to be the economic foundation of the proposed approach.

Publisher

NP Voprosy Ekonomiki

Subject

Economics and Econometrics,Finance

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