Bekryashev A. —
Adam Smith on uncertainty and security. Part 1.
// Theoretical and Applied Economics. – 2023. – ¹ 4.
– P. 73 - 86.
DOI: 10.25136/2409-8647.2023.4.69369
URL: https://en.e-notabene.ru/etc/article_69369.html
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Abstract: The subject of the article is the study of Adam Smith's conceptual ideas about uncertainty and security and their relationship. Methods of conceptual analysis are used in two versions. The presentist approach aims to interpret Smith's ideas about uncertainty in terms of modern concepts (fundamental and epistemological uncertainty and their forms).
The antiquarian approach aims to explain the features of Smith's concepts in the context of the theological, philosophical ideas and methodological ideas he shared.
The analysis is used in presentist and antiquarian variants.
The first part of the article shows that Smith uses several concepts of uncertainty. One of them corresponds to the modern idea of epistemic uncertainty. Smith also develops an original concept of ambiguity, which, in the author's opinion, can be most constructively understood from the standpoint of a generalized version of Niels Bohr's principle of complementarity. However, in Smith's system this type of uncertainty is of fundamental importance and is associated with the feeling of sympathy.
The third part of the article examines the influence of theological ideas on Smith's ideas about uncertainty. The peculiarities of scientists' interpretation of the uncertainty of the future are explored. The second part also examines selected conceptual relationships between uncertainty and security.
In Smith's theoretical system, the reduction of uncertainty plays a special role in ensuring the long-term survival of society (ensuring security - in the presentist interpretation). Smith associates it with following the rules of the virtue of justice, which have the greatest certainty and, functioning like the rules of grammar, perform the function of creating order.
Bekryashev A. —
Insurance of economic security of registrars on the financial market: risk management techniques and allocation of resources (2001-2018). Part 2
// Finance and Management. – 2020. – ¹ 3.
– P. 17 - 28.
DOI: 10.25136/2409-7802.2020.3.31670
URL: https://en.e-notabene.ru/flc/article_31670.html
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Abstract: The subject of this research is the problems of allocation of resources associated with risk management of the registry of securities holders. The object of this research is the activity of the registrars on risk management. The author examines the peculiarities of risk management techniques of registrars, and dynamics of their application for the period from 2001 to 2018. The factors that contribute to selection of one or another technique are analyzed. Special attention is given to the market insurance and reservation as management techniques, as well as to price and institutional factors that affect the choice. The article employs the methods of retrospective research of economic indicators in accordance with sampling that covers Russia’s largest registrars (in 2001-2018), as well as methods of correlation and regression analysis. As a result of the conducted research, the author determines stages in the dynamics of using the key risk management techniques. The factors of dynamics are related to the parameters of risk and relative cost of implementation of particular techniques. The author's contribution consists in the empirical research on the basis of public data of factors and trends in allocation of resources associated with risk management of registrars on the financial market for the period from 2001 to 2018. The novelty of this work lies in outlining the factors and trends in allocation of resources related to risk management of registrars in fort the period from 2001 to2018, considering public data on the activity of Russia’s largest registrars, content analysis of publications, and case law of the computer-based legal research system “ConsultantPlus”.