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Purpose: Culture plays a role in international trade much as it does in any other human activity. Attitudes and ways of … which aspects of culture give countries competitive edge in terms of bilateral trade performances. Specifically, do … countries and 29 years combined with the nine "Global Leadership and Organizational Behavior Effectiveness (GLOBE)" culture …
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We consider the Salop (1979) model of product differentiation and assume that consumers are uncertain about the qualities and prices of firms’ products. They can inspect all products at zero cost. A share of consumers is expectation-based loss averse. For these consumers, a purchase plan,...
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We consider an oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in knowledge: some consumers know both the prices and quality of the products offered, some know only the prices and some know neither. We show that two types of signalling...
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