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

Studies on Russian Economic Development Aims and scope

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.

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ACKNOWLEDGMENTS

The work was carried out as part of the Integrated Basic Research Program of the Siberian Branch of the Russian Academy of Sciences II.1 Project II.1 / XI.170 (no. 0325-2018-0001. “Improving the methodology of cognitive modeling and assessing the economic security of the growth in macro- and meso-economic indicators” (project “Assessment of strategic decisions in complex socio-economic systems: a cognitive approach.”)

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Correspondence to M. A. Yagol’nitser.

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Translated by I. Pertsovskaya

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Kuleshov, V.V., Alekseev, A.V. & Yagol’nitser, M.A. Methods of Cognitive Analysis in Devising and Substantiating Strategies of Economic Development. Stud. Russ. Econ. Dev. 30, 185–191 (2019). https://doi.org/10.1134/S1075700719020096

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  • DOI: https://doi.org/10.1134/S1075700719020096

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