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We consider the evolution of preferences when trade occurs between two countries. We show that if one country is much larger than the other, its preferences can eventually take over the preferences of the second country. This result may provide an explanation of why small countries sometimes...
Persistent link: https://www.econbiz.de/10010261231
We consider the evolution of preferences when trade occurs between two countries. We show that if one country is much larger than the other, its preferences can eventually take over the preferences of the second country. This result may provide an explanation of why small countries sometimes...
Persistent link: https://www.econbiz.de/10002246172
We consider the evolution of preferences when trade occurs between two countries. We show that if one country is much larger than the other, its preferences can eventually take over the preferences of the second country. This result may provide an explanation of why small countries sometimes...
Persistent link: https://www.econbiz.de/10011450172
Introduction -- Networks : concepts and empirics -- Games on networks -- Coordination and cooperation -- Social learning -- Social networks in labor markets -- Strategic network formation : concepts -- One-sided link formation -- Two-sided link formation -- Research collaboration among firms
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