are inefficient (systematic risk cannot be diversified away), as movement in the price of one market influence the …

This paper is the first systematic analysis of the impact of diversification on the performance of private equity funds …. A unique data set allows the exact evaluation of diversification across the dimensions financing stages, industries, and … countries. Very different levels of diversification can be observed across sample funds. While some funds are highly specialized …

The CEMAC’s countries are characterized by a weak diversification of their products and exports. Their economic … period. Besides, it is evident from the macro-econometrics modelling that the most explanatory factors of the diversification …

Recent theoretical literature suggests that aid, geography, and resource endowments affect diversification of exports … determinants of diversification in Africa. It also suggests that there is no systematic relationship between geography and … diversification. Furthermore, there is some evidence that institutional factors are important although it is not robust. Finally, the …

-run development and diversification of the production and export structure of the economy. The exploitation of oil resources has been … diversification of the economy are among the main objectives of the Government. Therefore, the challenge facing the Government is to … and growth, prospects for sustained growth and diversification will be still limited by some physical and institutional …

diversification: fewer sectors are operated but more resources are channeled to each. In an uncertain environment this leads to … the positive relationship between democracy and industrial diversification. …

This paper deals with the phenomenon of risk-selection and its appearance in the german compulsory health insurance …

A main prediction of agency theory is the well known risk-incentive trade-off. Incentive contracts should be found in … environments with little uncertainty and for agents with low degrees of risk aversion. There is an ongoing debate in the literature … use of a unique representative data set, we find clear evidence that risk aversion has a highly significant and …

risk exposure as a business imperative of the parties’ choice of multiparty arbitration. Emphasis throughout is put on the …

high and the overweighting of low probabilities, the Allais paradox, risk aversion, loss aversion, the Ellsberg paradox …