Thesis Submission Date
Open Access Senior Thesis
Bachelor of Arts
© 2012 Sze Wai Yuen
This paper studies via experimental setting whether diversification discount exists and what factors affect the magnitude of the discount. The results suggest that experience before decision increases the likelihood of exercising the real option of conglomerates. People are also more likely to convert if it is less risky to do so.
Yuen, Sze Wai, "Individual vs. Aggregate Decision Making – Diversification Discount" (2012). CMC Senior Theses. Paper 477.