Nikola Tesla effect class — an expanding category of regularities in global economy (A case of world energetics)

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Authors: Alexander G. Simonov
Cited by: 0
References: 11

Abstract

The article presents an endeavour to distinguish, describe, and research a new class of economic effects, manifistating as deterioration of public and private welfare resulting from arising additional alternatives for rationally behaving economic actors. Due to existence of analogies in natural sciences and a patented invention based on a similar physical effect it is suggested to name this effect after its discoverer — Nikola Tesla. Particular cases of manifestation were reflected in economics and related sciences (Braess paradox, Downs—Thomson paradox, Dutch disease, etc.), however, globalization processes and erosion of supranational regulation provide for proliferation of this category in the foreseeable future. The significance and scale of energetics as a key area of economic activity turns it into an interesting research object in terms of Tesla effect prospects. Despite attempts of many nations to decrease energy dependence on external supplies, mineral fuels are still dominant goods being traded worldwide; while boosting alternative energy can cause unforeseeable outcomes. At a current stage of global economy and energetics development a number of countries have faced a variety of new challenges and opportunities. Although some alternatives and ways of developing national energy system seem to be attractive, some of them can cause Tesla effect on a global scale.

Fields of Study & Subjects

Global Energy Security and Policy Market Dynamics and Volatility Economic Theory and Institutions

Publication details

Journal / source
Voprosy Ekonomiki
Issue
3
Pages
44–62
Publication date
11 March 2026
Language
EN