degree of diversification within the fund portfolio. However, diversification by including non-listed stocks does not enhance …

Theory of financial intermediation gives contradicting answers to the question whether banks should diversify or focus … 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 …

of a loss of mean–variance efficiency in the sustainable subset due to a lower diversification. …

literature, and the general perception of diversification benefits within cryptomarkets mostly builds on popular beliefs. The …

. Economic theory suggests that such schemes will face moral hazard and adverse selection problems. In this note we test a …

opportunity losses are economically significant. Depending on loss-aversion, and diversification constraints, over a forty … even unsophisticated investors. TIAA-CREF equity funds offer little meaningful diversification and are no less risky than … the alternative index funds. Even when a naïve diversification strategy of equally-weighting (1/n) all available funds is …