2 papers
econ.GN2016
Naive Diversification Preferences and their Representation
Enrico G. De Giorgi, Ola Mahmoud
A widely applied diversification paradigm is the naive diversification choice heuristic. It stipulates that an economic agent allocates equal decision weights to given choice alter…
econ.GN2015
Diversification Preferences in the Theory of Choice
Enrico G. De Giorgi, Ola Mahmoud
Diversification represents the idea of choosing variety over uniformity. Within the theory of choice, desirability of diversification is axiomatized as preference for a convex comb…