Specific relations of government and business in Russian fuel and energy sector described as "contractual" are considered. Two players – government and business – play a dynamic contractual play, i.e. they make some series of agreements concerning rentdistribution amongst them. To model this game, we use simple contractual scheme of O. Williamson. Such a model permit us demonstrate relations of three business players, namely: oil, gas and electricity players, from one hand, and the government, from another. Dynamics means that we consider three stages – retrospective, presentday and perspective. Some conclusions of perspective strategy for development of Russian economy are done.
Bagrat Yerznkyan. "Specificity Of 'Contractual' Relations Of Government And Business In Russian Fuel And Energy Sector." Montenegrin Journal of Economics. vol. 2, no. 3, 2006, p. 139-150
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