Abstract
This book has one main conclusion: that IB researchers should make greater use of economic models. There are plenty of reasons for not using economic models, but most of them are bogus, and the rest are exaggerated. Economics in IB has received more ‘outsider’ criticism in the last twenty years than it has ‘insider’ development. Insiders are well aware that economic modelling has its limitations, but they also know how these limitations can be minimised by careful model specification.
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Casson, M. (2016). Conclusions: A Model-Building Agenda. In: The Theory of International Business. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-32297-1_11
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DOI: https://doi.org/10.1007/978-3-319-32297-1_11
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Publisher Name: Palgrave Macmillan, Cham
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Online ISBN: 978-3-319-32297-1
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