Lidiya V. Zhukovskaya, Dr. Sci. (Econ.), Cand. Sci. (Phys.-Math.) – Chief Researcher, Central Economics and Mathematics Institute, the Russian Academy of Sciences, Moscow, Russia

Series: Economic Issues, Problems and Perspectives
BISAC: BUS069040; MAT011000
DOI: https://doi.org/10.52305/IFWN9299

“In recent years, numerous works have been published, reflecting the results of scientific research on the modeling of decision processes in the socio-economic, socio-legal, and economic-legal systems at the firm (enterprise, organization) level.  However, this book by L.V. Zhukovskaya posed and solved the problem of balancing the economic, legal, and social macrosystems for the first time in literature. The author formalized equilibrium models for these macrosystems using the Golden Rule of ethics as a new economic doctrine. Therefore, the practical and scientific relevance are beyond doubt. The key to the book is developing the concept and models of metasystem equilibrium of the economic, legal, and social macrosystems to determine effective strategic decisions under uncertainty and modeling decision processes at the macro level in the socio-economic sphere. On one hand, this concept allows decomposing the equilibrium problem into several formal problems; on the other hand, it organically integrates the optimization and game-theoretic methods and models developed by the author. Of particular interest to readers may be the concept of equilibrium in sanctions and countersanctions, the author’s economic and legal model, based on the legal definition of sanctions as a measure of responsibility for violating the social contract. This class of problems arises in applications, e.g., environmental regulation of socio-economic ecosystems.” – Georgy B. Kleiner, Dr. Sci. (Econ.), Cand. Sci. (Phys.-Math.), Professor, Corresponding Member of the Russian Academy of Sciences, Head of the Mesoeconomics, Microeconomics, and Corporate Economics Research at Central Economics and Mathematics Institute, The Russian Academy of Sciences, Russia