The Theory of International Business

Economic Models and Methods

Business & Finance, Economics, International Economics
Cover of the book The Theory of International Business by Mark Casson, Springer International Publishing
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Author: Mark Casson ISBN: 9783319322971
Publisher: Springer International Publishing Publication: September 22, 2016
Imprint: Palgrave Macmillan Language: English
Author: Mark Casson
ISBN: 9783319322971
Publisher: Springer International Publishing
Publication: September 22, 2016
Imprint: Palgrave Macmillan
Language: English

Demonstrating why economic modelling is so important in understanding international business, this stimulating and highly original book sets out a new and exciting research agenda in international business studies. The author explains what economic models are, how they are constructed and the way in which they can be used. It illustrates how models clarify important issues in international business – explaining empirical anomalies, analyzing strategies and evaluating government policies towards multinational firms. There are detailed discussions of monopoly and competition in the global economy; the international division of labour; supply chain coordination; and the strategic implications of sunk costs in R&D. Based on this discussion, the book proposes a radical reformulation of the theory of the firm as applied to international business. 

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Demonstrating why economic modelling is so important in understanding international business, this stimulating and highly original book sets out a new and exciting research agenda in international business studies. The author explains what economic models are, how they are constructed and the way in which they can be used. It illustrates how models clarify important issues in international business – explaining empirical anomalies, analyzing strategies and evaluating government policies towards multinational firms. There are detailed discussions of monopoly and competition in the global economy; the international division of labour; supply chain coordination; and the strategic implications of sunk costs in R&D. Based on this discussion, the book proposes a radical reformulation of the theory of the firm as applied to international business. 

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