Ignoring culture can lead to bad policy, and culturally-based analyses substantially enhance the understanding of economic behavior. However, culture is a collective phenomenon which is so broad that it is hard to design testable hypotheses for research. The primary achievement of Hofstede, a...

"Hofstede Matters offers an updated presentation of the evolving views of academics and teachers who have worked with Hofstede's research findings since the publication of the first edition of "Culture's Consequences" in 1980. The authors reflect on their changing beliefs about the concept of...