Homo Post-Soveticus: An Attempt of Analysis on the Base of Post Keynesian and Old Institutionalist Approaches

Abstract

The main idea of the paper is that a behavior of typical Post-Soviet Russian agent is inconsistent with the model of man offered by Neoclassical Economics. Author of the paper considers important deviations from this model such as bounded rationality, opportunism, investor myopia and behavioral dependency. The main reasons for these deviations are concerned with uncertainty and informational complexity. These external informational constraints are consequences of institutional changes in the Post-Soviet Russia, in general, and institutional inadequacy of the Russian authorities, in particular. The theoretical foundations of this paper are Post Keynesianism and Old Institutionalism.

Authors and Affiliations

I. Rozmainsky

Keywords

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  • EP ID EP496770
  • DOI -
  • Views 77
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How To Cite

I. Rozmainsky (2018). Homo Post-Soveticus: An Attempt of Analysis on the Base of Post Keynesian and Old Institutionalist Approaches. Науковий журнал "Економічний вісник Донбасу", 4(54), 43-50. https://europub.co.uk/articles/-A-496770