Based on interviews with local government officials and a survey of 44 foreigninvested enterprises (FIEs), this article examines the significance of local formal institutions for intramunicipal location decisions of multinational enterprises (MNEs) and for network properties of their investments...

This paper studies simulation-based optimization with multiple outputs. It assumes that the simulation model has one random objective function and must satisfy given constraints on the other random outputs. It presents a statistical procedure for testing whether a specific input combination...

This paper derives a novel procedure for testing the Karush-Kuhn-Tucker (KKT) first-order optimality conditions in models with multiple random responses.Such models arise in simulation-based optimization with multivariate outputs. This paper focuses on expensive simulations, which have small...