finance nor to traditional economical theories? Inspired by rational choice theory, this paper tries to explore this largely …

This paper examines several dimensions of the relationship between diversification and performance. Specifically, we … investigate the link between related and unrelated diversification and performance. We also study the effect of the potential … redeployment of ‘plastic' assets on unrelated diversification. To investigate this, we estimated a dynamic panel on a data set of 2 …

We propose a unified theory of asset price determination encompassing both "conventional" and "alternative" asset …

We study how financial market efficiency affects a measure of diversification of output across industrial sectors … and for various levels of disaggregation, we construct a benchmark measure of diversification as the set of allocations of … patterns disappear when we employ "naive" measures of diversification based on the equal spreading of output across sectors. …

We study how financial market effciency affects a measure of diversification of output across industrial sectors … and for various levels of disaggregation, we construct a benchmark measure of diversification as the set of allocations of … patterns disappear when we employ "naive" measures of diversification based on the equal spreading of output across sectors …