RATIONAL EXPECTATIONS MODEL AND POSSIBILITIES TO USE IT IN MANAGEMENT OF MODERN AIRPORTS

Objective: description of the rational expectations model and analysis of possibilities to use it in strategic management of airport complexes. Method: abstract-logical. Results: Development of an airport (airport complex) is in its progressing along the lifecycle curve during a certain period. Airp...

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Main Author: O. N. Gorbachova
Format: Article
Language:English
Published: Tatar Educational Center “Taglimat” Ltd. 2013-09-01
Series:Russian Journal of Economics and Law
Subjects:
Online Access:https://www.rusjel.ru/jour/article/view/1393
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author O. N. Gorbachova
author_facet O. N. Gorbachova
author_sort O. N. Gorbachova
collection DOAJ
description Objective: description of the rational expectations model and analysis of possibilities to use it in strategic management of airport complexes. Method: abstract-logical. Results: Development of an airport (airport complex) is in its progressing along the lifecycle curve during a certain period. Airport complex management is aimed at increasing the period when the enterprise is stable, or, vise versa, at reducing the period to decrease the probability of negative circumstances, which is reflected in the elaborated economic strategies. Viewing the airports’ activity as a complex economic system, we conclude that its development is connected with the strategic solutions in the sphere of economy and finance determined by a number of factors influencing the development of the airport complex as a whole. Scientific novelty: The issue of airport complex management under rational expectations is viewed. It is revealed that rational expectations serve as a basis for making strategic decisions in airport complexes management; the factor model is given, which describes rational and irrational expectations of subjects of airport management. Practical value: possibility to implement the rational expectations model in airport complex management.
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spelling doaj.art-6cb835b53a40413890e8fcfe8d0284ac2024-03-20T08:16:45ZengTatar Educational Center “Taglimat” Ltd.Russian Journal of Economics and Law2782-29232013-09-010363701391RATIONAL EXPECTATIONS MODEL AND POSSIBILITIES TO USE IT IN MANAGEMENT OF MODERN AIRPORTSO. N. Gorbachova0National Aviation University, KievObjective: description of the rational expectations model and analysis of possibilities to use it in strategic management of airport complexes. Method: abstract-logical. Results: Development of an airport (airport complex) is in its progressing along the lifecycle curve during a certain period. Airport complex management is aimed at increasing the period when the enterprise is stable, or, vise versa, at reducing the period to decrease the probability of negative circumstances, which is reflected in the elaborated economic strategies. Viewing the airports’ activity as a complex economic system, we conclude that its development is connected with the strategic solutions in the sphere of economy and finance determined by a number of factors influencing the development of the airport complex as a whole. Scientific novelty: The issue of airport complex management under rational expectations is viewed. It is revealed that rational expectations serve as a basis for making strategic decisions in airport complexes management; the factor model is given, which describes rational and irrational expectations of subjects of airport management. Practical value: possibility to implement the rational expectations model in airport complex management.https://www.rusjel.ru/jour/article/view/1393ожиданиерациональностьвремяуправлениеаэропорт (аэропортовый комплекс)
spellingShingle O. N. Gorbachova
RATIONAL EXPECTATIONS MODEL AND POSSIBILITIES TO USE IT IN MANAGEMENT OF MODERN AIRPORTS
Russian Journal of Economics and Law
ожидание
рациональность
время
управление
аэропорт (аэропортовый комплекс)
title RATIONAL EXPECTATIONS MODEL AND POSSIBILITIES TO USE IT IN MANAGEMENT OF MODERN AIRPORTS
title_full RATIONAL EXPECTATIONS MODEL AND POSSIBILITIES TO USE IT IN MANAGEMENT OF MODERN AIRPORTS
title_fullStr RATIONAL EXPECTATIONS MODEL AND POSSIBILITIES TO USE IT IN MANAGEMENT OF MODERN AIRPORTS
title_full_unstemmed RATIONAL EXPECTATIONS MODEL AND POSSIBILITIES TO USE IT IN MANAGEMENT OF MODERN AIRPORTS
title_short RATIONAL EXPECTATIONS MODEL AND POSSIBILITIES TO USE IT IN MANAGEMENT OF MODERN AIRPORTS
title_sort rational expectations model and possibilities to use it in management of modern airports
topic ожидание
рациональность
время
управление
аэропорт (аэропортовый комплекс)
url https://www.rusjel.ru/jour/article/view/1393
work_keys_str_mv AT ongorbachova rationalexpectationsmodelandpossibilitiestouseitinmanagementofmodernairports