that while a few households are very poorly diversified, the cost of diversification mistakes is quite modest for most of …

this end we measure diversification for all German banks in the period from 1993 to 2002. As measures we use a broad set of … naive diversification across all industries or, alternatively, the economy's industry structure. With this framework our … in this context innovative group of distance measures. We find that different statistical measures of diversification may …

Should banks be diversified or focused? Does diversification indeed lead to enhanced performance and, therefore … banks? profitability (ROA) and their portfolio diversification across different industries, broader economic sectors and … performance benefits associated with diversification since each type of diversification tends to reduce the banks? returns …

This paper empirically investigates the determinants of R&D diversification strategies in the drug industry. It … enriches the existing literature by proposing to look at diversification factors, which reflect market and technological …&D diversification is governed by the economies of scope as well as the escape competition motive. Moreover, it is found that competition …

This paper explores the relationship between risk attitude and asset diversification in household portfolios. We first … diversification). The second part of the paper focuses on a more sophisticated strategy of diversification and asks whether financial … theory is compatible with observed diversification patterns. Based on the German Socioeconomic Panel which provides unique …