Zhang, Yan; Rajagopalan, Nandini - In: Journal of international business studies : JIBS ; an … 33 (2002) 3, pp. 457-478
We use an infinitely repeated prisoner's dilemma model to examine the role of inter-partner credible threat in international joint ventures (IJVs). Inter-partner credible threat refers to the certainty of either partner's retaliation given the other partner's earlier cheating. We argue that...