This paper presents an oligopoly model of multiproduct firms in which firms are endowed with possibly different marginal cost and product quality, and choose product ranges before product market competition. Consistent with empirical evidence on a positive relationship between firm size and product diversification, the analysis suggests that firms with higher quality-cost margins typically have...

purpose: this study investigats the role of tourism second homes in rural economy diversification and improvement of creating jobs and income opportunities of permanent residents in the hesar-e- valiasr dehestan. methodology: this research is applied and the method is analytical– descriptive. data collected by the use of field studies, from a total number of 358 permanent households in sample s...

Received: 1 March 2005 Revised: 22 November 2007 Accepted: 11 December 2007 Online publication date: 27 March 2008 Abstract We examine the product diversification of a multinational firm within each of its host-country markets. Based on a sample of 12,992 foreign subsidiaries of Japanese multinational firms, we find that higher levels of within-country product diversity led to higher subsidiary...

The resource-based view on firm diversification, subsequent to Penrose (1959), has focused primarily on the fungibility of resources across domains. We make a clear analytical distinction between scale-free capabilities and those that are subject to opportunity costs and must be allocated to one use or another, thereby shifting the discourse back to Penrose’s (1959) original argument regarding ...

The announcement of Citicorp's merger with Travelers Insurance, and much of the accompanying commentary by banking observers and consultants, included many references to cross-marketing opportunities, one-stop shopping, and other potential scope economies—the gains from having a single firm provide different goods or services. Some skeptics have noted that these scope economies, which seem so p...

This work proposes a framework for financial product recommendation which combines case-based reasoning with diversification techniques to support wealth managers in recommending personalized investment portfolios. The performance of the framework has been evaluated against 1172 real users, and results show that the yield obtained by recommended portfolios overcomes that of portfolios proposed ...

This paper is aimed to show evidence about unbalanced wealth distribution in Mexico, affording more information, knowledge and sensitivity from citizens and Mexican government on behalf of looking for an equitable economic development and increasing the national welfare are the objective from this investigation. Across the assumption: “The growth of FEMSA from geographical and product diversifi...

Possibilities of predicting eggshell ultrastructure from direct non-destructive and destructive measurements were examined using 120 Fayoumi eggs collected from the flock at 45 weeks of age. The non-destructive measurements included weight, length and width of the egg. The destructive measurements were breaking strength and shell thickness. The eggshell ultrastructure traits involved the total ...