The implementation of the UN Sustainable Development Goals and the Lisbon Strategy sets the task of a comprehensive study of the citizens` well-being, determining the state and trends in the level and quality of life not only by traditional methods of social statistics, but also through comprehensive sociological research. This approach has significant advantages since it allows us to generalize the state of social development of a society based on the population`s opinions, to study the emerging social risks that concern (...) the population, to determine the differentiation of countries by indicators of well-being. The foundations of the new approach to the analysis of social processes were laid by the scientific achievements of the 60s of the last century. The dominant paradigm was the economic goals and parameters of statistically measured national income, household income, wages and their differentiation. The environmental risks that threaten the future of civilization were identified and analyzed in the 70s of the XX century. The production contradiction, which raised the question of measuring the quality of life in a new way, was articulated. The economic component was mixed and replaced with the welfare parameter. The sustainable development, including the indicators of well-being, the fight against poverty, and the environment were declared to be the goals of the society. The tasks of monitoring the solution of these problems are solved by sociological research, whose mathematical formalization can become a structural element of economic and mathematical modeling of social processes. (shrink)

Less known in the anglophone world than Berdyaev (who was a pupil of his), or Martin Buber, Vladimir Solovyov (1853-1900), philosopher, mystic, poet, has nevertheless a contribution of the first importance to offer to Western scholarship. He came from a rich and not yet fully understood tradition; his erudition was stupendous. Like his predecessors he was extremely sensitive to such problems as the religious meaning of history, of creativity, of culture. It is important to emphasize a general link between (...) Solovyov and preceding currents of Russian thought, for his Christian philosophy in a sense embraces them all. Dostoyevsky and Leo Tolstoy sat at his feet. Godmanhood is the problem of restoring all mankind; it is a concept of salvation as a process of becoming divine. The differences between the Orthodox, Roman, and Anglo-Catholic and many of the Protestant Churches are not found in relation to the great dogmas or articles of the creed. Solovyov has a vital and unique message to Christians of all denominations; he offers a basis for reunion rarely suggested in Western Christianity. (shrink)

PurposeThe purpose of this paper is to present implications of the seller's ability to bid in the four classical auction forms, with independent private values: English, Dutch, first‐ and second‐price auctions.Design/methodology/approachUnder each auction form, the identity of the winning bidder and the expected winning bid are compared between the case when the seller may bid and when he cannot, using equilibrium bidder strategies. The seller's incentive to bid is evaluated.FindingsThe strategies and the welfare results differ with auction type and underlying (...) information assumptions – bidders are either aware or unaware of the seller's ability to bid. In the Dutch and the first‐price auctions, seller‐bidding does not affect any classical results. In the English and the second‐price auctions, it leads to no lower expected prices than without it and higher prices with positive probability. In the English and the second‐price auctions, the seller bids above his reservation value and may unintentionally win the auction. These auctions result in inefficiency with positive probability.Practical implicationsThe English and the second‐price auctions are the most common real‐world auctions. In these auctions, the seller's ability to bid – secretly or publicly – redistributes welfare among participants and introduces a possibility of inefficiency. Making this ability publicly known does not solve the latter problem. Auctioneers must prevent the seller from bidding, or must select a different auction form when seller‐bidding is anticipated.Originality/valueThe paper clarifies to regulators, auction designers, bidders, and other readers which auction forms are susceptible to subversion by seller‐bidding and what the potential damages are. (shrink)