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The mediator - not what you think (for economic policy lessons)
[Посредник — Не То, О Чем Вы Подумали]

Author

Listed:
  • Shastitko, Andrei (Шаститко, Андрей)

    (NRU HSE)

  • Golovanova, Svetlana

    (Russian presidental academy of national economy and public administration (RANEPA))

Abstract

In this paper, the authors attempt to illustrate the risk of incorrect use of terminology in the classification of a commercial practice in the light of the application of economic policy instruments. The focus of the study - the term "intermediary", associated with a fairly narrow functionality respective companies and even the negative socio-economic effects. The paper analyzes the range of issues that are in the organization's area of ??responsibility - a system integrator of complex capital-intensive project. The study shows how the qualification of a commercial practice is not based on the economic analysis of economic activity, but relies on the terminology associated with negative socio-economic effects, is fraught with the risk of erroneous legal conclusions.

Suggested Citation

  • Shastitko, Andrei (Шаститко, Андрей) & Golovanova, Svetlana, 2016. "The mediator - not what you think (for economic policy lessons) [Посредник — Не То, О Чем Вы Подумали]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 1, pages 43-60, February.
    • Handle: RePEc:rnp:ecopol:ep1603
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    References listed on IDEAS

    as
    1. Pant, Dhruba, 2008. "Implications of bulk water transfer on local water management institutions: a case study of the Melamchi Water Supply Project in Nepal," IWMI Working Papers H041304, International Water Management Institute.
    2. N. Pavlova & A. Shastitko., 2014. "Effects of Hostile Tradition in Antitrust: Active Repentance versus Cooperation Agreements?," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 3.
    3. Nuno Garoupa & Matteo Rizzolli, 2012. "Wrongful Convictions Do Lower Deterrence," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 168(2), pages 224-231, June.
    4. Andrey Shastitko & Svetlana Golovanova, 2013. "Competition Issues Regarding Procurement for Large Companies and Suppliers The Gazprom Case," Antitrust Chronicle, Competition Policy International, vol. 11.
    5. Morozkina, Alexandra (Морозкина, Александра), 2015. "The effectiveness of public investment in infrastructure and the risks to the budgetary system [Эффективность Государственных Инвестиций В Инфраструктуру И Риски Для Бюджетной Системы]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 4, pages 47-59.
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    More about this item

    Keywords

    intermediary system integrator; economic policy; inhospitable tradition in Antitrust error in law enforcement;
    All these keywords.

    JEL classification:

    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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