-tailed correlated loss distributions arising from Gaussian risk factors and explore the potential for risk diversification. Where …

informational rents. Therefore, asymmetric information pushes the manufacturer away from diversification and towards sole …-sourcing. Surprisingly, the additional cost that asymmetric information imposes on diversification may cause the manufacturer to cease … information. Despite these trends away from diversification, the value of the dual-sourcing option should not be underestimated …

Corporate diversification continues to be an important phenomenon in the modern business world. More than thirty years … of research on diversification suggests that the degree of relatedness among a firm's business units is a factor that can … affect firm performance, but the true effect of diversification relatedness on firm performance is still inconclusive. The …

of the household are also very important factors that impact on the diversification level of the households. …

.S. investors can achieve the diversification benefits by investing ADRs along with U.S. market index in Asia. The significant …, investors need to hold both ADRs and country portfolios in most of the Asian countries to achieve diversification benefits at …

errors is worse for large insurers. Finally, we find that our proposed measurement method for the product diversification … benefit provides support for the notion that the diversification benefit on the incurred losses increases with the number of … lines in the portfolio. Yet, the diminishing returns tend to decrease the diversification benefit on the incurred losses for …