This paper is devoted to the study of diversification and specialization influence on one of the main indicators of … were empirically tested: 1) the dependence of the unemployment rate on the degree of concentration or diversification is … concentration or diversification on the level of unemployment depends on the time period. To test these hypotheses nonparametric …

learning model with the theory of rational inattention introduced by Sims (2006). In the model firms optimally allocate …

can neoclassical trade theory take us in explaining this pattern? We estimate the production side of the Heckscher …

excessive financial risk. Recent theory concludes that 10-15% of a worker's wealth portfolio can be prudently invested in … higher self-rated knowledge of personal finances, and are more likely to understand the value of diversification. While …

points. In terms of proportional losses, a loss of 50% or more of the remaining cash endowment increases diversification … endowment, previous diversification strategy, relative difficulty of questions, the ability level of participants, and other … personal traits. The findings support a prospect theory-based model with a coefficient of loss aversion that is increasing in …

team composition, firm diversification, and IT investments - which arguably alter returns to exploiting synergies through … ; diversification …