EPISTEMOLOGICAL GUIDELINES FOR PUBLIC AUTHORITIES` ECONOMIC DECISIONS MAKING: EVALUATION PROBLEMS AND HEURISTIC PERSPECTIVES

Abstract

The article considers the possibilities of epistemic assessment for forecasting and operative analysis of the situation of economic decisions within the framework of economic policy implementation. The epistemic provision of public economic decisions as a set of approaches to obtaining reliable scientific and expert knowledge about economic policy and its consequences is studied. In this context, rethinking the epistemic foundations of managerial thinking makes it possible to identify new horizons and competitive advantages for international economic integration and global economic development. The peculiarities of epistemic examination of economic alternatives as a basis for individual and collective actions of economic entities are established. The specifics of the epistemic examination of economic decisions of public authorities, which is carried out on the basis of economic efficiency, are revealed. The significance of the analysis of economic risks on the basis of the synergetic paradigm as a factor of going beyond the «trap of linearity» and consideration of alternatives arising from the hypothetical continuation of the existing situation is revealed. The cognitive abilities of economic decision-makers provide a high level of realism in the perception of the existing situation. It is substantiated that there is a need to turn to broader generalizations, in particular the postmodern direction for a more accurate interpretation of biological considerations. The possibilities of avoiding the dictates of one-syllable and trivial interpretations should be identified and should be based on the selection of alternatives within the framework of the complex application of epistemic expertise. It is revealed that the main motive for the search for alternatives to epistemic justification by the subjects of economic decisions is to avoid losses during the wrong economic decision. The conditions of the absence of epistemic legitimacy of economic policy and the situation of loss of political stability are revealed. It has been suggested that the demands of political freedom are nevertheless determined by the consequences of the dissemination of specialized economic knowledge. It is established that the revision of the epistemic principles of public economic decisions increases their innovative and prognostic potential and forms adaptability and critical perception of reality.