Summary. Controversies over “national champions” in Europe raise the question of where exactly is “home” for a modern corporation. This survey of Europe’s 100 largest listed companies shows that their home market is increasingly Europe as a whole rather than any particular country...

Summary. Controversies over “national champions” in Europe raise the question of where exactly is “home” for a modern corporation. This survey of Europe’s 100 largest listed companies shows that their home market is increasingly Europe as a whole rather than any particular country...

In modeling expectation formation, economic agents are usually viewed as forming expectations adaptively or in accordance with some rationality postulate. We offer an alternative nonlinear model where agents exchange their opinions and information with each other. Such a model yields multiple...