abstract- iran achieved its self-sufficiency goal in wheat production a few years ago, perhaps at the expense of decreasing the production of other grains specially barley as stated by critics in the country. considering the dependency of wheat and barley markets on each other, policy preference functions were estimated separately for each market. incorporating political weights, a game theory ...

In this paper we model political risk for international capital budgeting as the value of a hypothetical insurance policy that pays the holder any and all losses arising from political events. We address three important aspects of political risk that are widely acknowledged in the literature but either missing or incomplete in existing mathematical models: 1) loss causing political events arise...

Due to the legacy of apartheid segregation South Africa remains a divided society where most voters live in politically homogenous social environments. This paper argues that political discussion within one’s social context plays a primary role in shaping political attitudes and vote choice. Using data from the Comparative National Elections Project 2004 and 2009 South African post-election sur...

This paper has three objectives: First, to review the literature dealing with the assessment and evaluation of political risk by managers in international firms. Second, to build upon this literature by extending and more precisely defining the concept in a manner that facilitates integration into the planning or decision-making process. Last, the paper attempts to suggest fruitful directions f...