We examine the link between social institutions and individuals' propensity to cooperate in a simple game theoretic framework. To begin, we transform the usual prisoner's dilemma game over material payoffs into one with utility payoffs by including non-material preferences. By introducing a...

We apply insights from Edith Penrose`s work to extant theory of the multinationalenterprise (MNE) as enveloped by John Dunning`s Ownership, Location,Internalization (OLI) Paradigm...