We analyze boundedly rational learning in social networks within binary action environments. We establish how learning outcomes depend on the environment (i.e., informational structure, utility function), the axioms imposed on the updating behavior, and the network structure. In particular, we...

We aim to develop an innovative way to alter existing business models to conquer the growth limits of exponential paradox by applying the open innovation concept to the design of creative business models. Our research question is as follows: How can we innovate existing business models more...

This paper presents an empirical investigation of the determinants of current account imbalance for the large sample of developed, emerging and developing countries during 1980-2011. Using dynamic panel GMM techniques, this study characterizes that current account balance is positively...

We use a panel data set of 193 countries over 1990-2017 period, by employ the Seemingly unrelated regression (SUR), three stage least squares regression (3SLS), dynamic model two-step generalized method of moments and two-step system generalized method of moments approach to investigate the...