Interaction Model of Government and Public Corporations in a Market Economy

Authors

  • Anna V. Babikova
  • Nikolay N. Lyabakh
  • Anna Yu. Fedotova
  • Anna V. Khanina

Abstract

The article is devoted to the current issues on industrial state corporations in high-tech sector engaged in large-scale projects of economy modernization. Lack of formalized procedures for the interaction of public corporations, state authorities and other participants of market relations can hinder the implementation of a significant potential in science and technology possessed by public corporations. This paper considers the possibility of modeling the relationship between the state and public corporations based on the procedures of the theory of active systems, which enables us to propose an adequate model of the interaction of agents in the system, taking into account the uncertainties. Proposed mathematical model of interactions between government bodies and public corporations is based on the theory of contracts and formal control procedures. It enables to increase the efficiency of interactions by removing restrictions that are required in optimization of interaction problems.

DOI: 10.5901/mjss.2015.v6n3s5p49

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Published

2015-06-13

How to Cite

Interaction Model of Government and Public Corporations in a Market Economy. (2015). Mediterranean Journal of Social Sciences, 6(3 S5), 49. https://www.richtmann.org/journal/index.php/mjss/article/view/6750