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agents are farsighted, related stability concepts have been proposed. We design a simple network formation experiment to test …
Persistent link: https://www.econbiz.de/10009002080
experiment to test these extreme theories, but find evidence against both of them: the subjects are consistent with an …
Persistent link: https://www.econbiz.de/10010695722
We revisit and extend previous theoretical work on internationalization decisions by firms which are imperfectly informed on the state of the demand in the market into which they are planning to export or enter through foreign direct investment (FDI). The latter is a costly strategy mitigating...
Persistent link: https://www.econbiz.de/10010662641