WSEAS Transactions on Business and Economics


Print ISSN: 1109-9526
E-ISSN: 2224-2899

Volume 15, 2018

Notice: As of 2014 and for the forthcoming years, the publication frequency/periodicity of WSEAS Journals is adapted to the 'continuously updated' model. What this means is that instead of being separated into issues, new papers will be added on a continuous basis, allowing a more regular flow and shorter publication times. The papers will appear in reverse order, therefore the most recent one will be on top.


Volume 15, 2018


Development of the Decision Support System in the Management of the Agrarian Sector in Russia

AUTHORS: Araxia Spertsyan, Natalia Ketko, Olga Akimova, Irina Dneprovskaya, Elena Vitalieva

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ABSTRACT: Agriculture during the whole period of human civilization development is one of the most important branches of economy not only in Russia, but also in any other country, since this sector produces products vital for human activity. At the present time, the established fact is that agriculture is characterized by periodic fluctuations, which stretch for decades, existing as an independent phenomenon. This article presents an algorithm that allows managers to support the decision-making process in the management of the agricultural sector. This algorithm consists of four main stages, the result of its usage is the construction of three scenarios for the development of the agricultural sector: probable, optimistic and pessimistic. The construction of the development scenarios allows to neutralize the negative consequences and to enhance the opportunities

KEYWORDS: - the agrarian sector, the rural areas, the entrepreneurship in rural areas, the simulation of development of the agricultural sector, support of the managerial decision-making in the agricultural sector, the method of Organization of economic cooperation and development, the filter of Hodrick-Prescott, the classification of indicators.

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WSEAS Transactions on Business and Economics, ISSN / E-ISSN: 1109-9526 / 2224-2899, Volume 15, 2018, Art. #42, pp. 430-436


Copyright Β© 2018 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution License 4.0