Emotions and foreign direct investment: A theoretical and empirical exploration

* Emotions are largely absent in economic models. Possibly for this reason, many theories fail to explain the actual decisions made by managers. * Therefore, we integrate emotions with regular microeconomic theory. We focus on FDI decisions, and include both economic and null variables in our analysis of the firm's decision-making process. * In our theoretical analysis, emotions are included in a utility maximization model that considers not...