Ni, Shawn X. (contributor); Ratti, Ronald A. (contributor) - 2009
of the firm the value of domestic assets, through better foreign
management expertise, better monitoring of the … management, and easier adoption of technology. Caves (1971)
surveys and assesses these arguments. Lipsey (2000) notes that … investor’s knowledge (the
posterior) after observing the period-t signal is denoted byϕ
~
. The normality of the posterior …