This study aims to shed light on how the value of home-host ties is contingent on political instability (i.e., political conflict and major institutional transitions). We hypothesize that by increasing the risk within the institutional structure, small political conflict positively moderates the relationship between home-host ties and location attractiveness, whereas full-fledged wars, in which risk to the institutional structure dominates erode the value of ties. Examining location choice decisions in Sub-Saharan Africa, we find evidence that home-host ties are not affected by small political conflict, while wars and major institutional transitions devaluate home-host ties.

这项研究旨在阐明家庭与主人的联系的价值如何取决于政治的不稳定（即政治冲突和重大的制度变迁）。我们假设，通过增加制度结构内的风险，小规模的政治冲突可以积极地缓和本国与东道国之间的关系以及地理位置的吸引力，而全面战争（其中以制度结构为主导的战争）侵蚀了关系的价值。在考察撒哈拉以南非洲地区的地点选择决定时，我们发现有证据表明，家庭主人关系不受小型政治冲突的影响，而战争和重大制度变迁则使家庭主人关系贬值。