Causality: Intelligent Valuation Models in the Digital Economy

The study of the economic process can be presented as a chain of reflections on the causes and consequences of the particular phenomenon’s occurrence, within the framework of which scientists try to study and understand the nature of cause-and-effect relationships and find out the mechanisms of thei...

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Main Author: Dmitry Nazarov
Format: Article
Language:English
Published: MDPI AG 2020-12-01
Series:Mathematics
Subjects:
Online Access:https://www.mdpi.com/2227-7390/8/12/2174
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author Dmitry Nazarov
author_facet Dmitry Nazarov
author_sort Dmitry Nazarov
collection DOAJ
description The study of the economic process can be presented as a chain of reflections on the causes and consequences of the particular phenomenon’s occurrence, within the framework of which scientists try to study and understand the nature of cause-and-effect relationships and find out the mechanisms of their occurrence. This article discusses three well-known conceptual approaches to the assessment of causation in socioeconomic sciences: successionist causation, configurational causation, and generative causation. The author gives his own interpretation of these approaches, constructs graphic interpretations, and also offers such concepts as a linear sequence of factors, the causal field, and the causal space of factors in the economy and socioeconomic processes. Within the framework of these approaches, the development trends of these and new models are formulated, taking into account the transition of the world economy to a digital format. The article contains specific examples from the author of the causality models’ implementation in scientific research related to assessing the impact of corporate culture on the main indicators of an organization’s performance in various contexts.
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spelling doaj.art-65d6479ff32f4b5fba2c88f43f4da5712023-11-20T23:36:56ZengMDPI AGMathematics2227-73902020-12-01812217410.3390/math8122174Causality: Intelligent Valuation Models in the Digital EconomyDmitry Nazarov0Department of Business Informatics, Ural State University of Economics, 620144 Yekaterinburg, RussiaThe study of the economic process can be presented as a chain of reflections on the causes and consequences of the particular phenomenon’s occurrence, within the framework of which scientists try to study and understand the nature of cause-and-effect relationships and find out the mechanisms of their occurrence. This article discusses three well-known conceptual approaches to the assessment of causation in socioeconomic sciences: successionist causation, configurational causation, and generative causation. The author gives his own interpretation of these approaches, constructs graphic interpretations, and also offers such concepts as a linear sequence of factors, the causal field, and the causal space of factors in the economy and socioeconomic processes. Within the framework of these approaches, the development trends of these and new models are formulated, taking into account the transition of the world economy to a digital format. The article contains specific examples from the author of the causality models’ implementation in scientific research related to assessing the impact of corporate culture on the main indicators of an organization’s performance in various contexts.https://www.mdpi.com/2227-7390/8/12/2174causalitydigital economysequence of reasonsconfiguration of reasonsgeneralization of reasonscausal field
spellingShingle Dmitry Nazarov
Causality: Intelligent Valuation Models in the Digital Economy
Mathematics
causality
digital economy
sequence of reasons
configuration of reasons
generalization of reasons
causal field
title Causality: Intelligent Valuation Models in the Digital Economy
title_full Causality: Intelligent Valuation Models in the Digital Economy
title_fullStr Causality: Intelligent Valuation Models in the Digital Economy
title_full_unstemmed Causality: Intelligent Valuation Models in the Digital Economy
title_short Causality: Intelligent Valuation Models in the Digital Economy
title_sort causality intelligent valuation models in the digital economy
topic causality
digital economy
sequence of reasons
configuration of reasons
generalization of reasons
causal field
url https://www.mdpi.com/2227-7390/8/12/2174
work_keys_str_mv AT dmitrynazarov causalityintelligentvaluationmodelsinthedigitaleconomy