Graduation Year
Spring 2012
Document Type
Open Access Senior Thesis
Degree Name
Bachelor of Arts
Department
Economics-Accounting
Reader 1
Ananda Ganguly
Terms of Use & License Information
Rights Information
© 2012 Sze Wai Yuen
Abstract
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.
Recommended Citation
Yuen, Sze Wai, "Individual vs. Aggregate Decision Making – Diversification Discount" (2012). CMC Senior Theses. 477.
https://scholarship.claremont.edu/cmc_theses/477
