The methods of operations research on Russian financial markets

Abstract

Financial markets are not widely and deeply developed in the modern Russian economy. There are, however, several examples where information has been accumulated such that constructions of adequate stochastic or other models of uncertain factors are possible. Applications of the various approaches and methods of system analysis and operations research are therefore possible, useful and profitable. We investigated the market of Russian Government Bills (RGBs) from two points of view: the macroeconomics and RGB portfolio management by small investors. An approach to the elaboration of the rational politics for big producers in the real Russian economy that use barter and bill contracts is also described.