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University of Illinois at Urbana-Champaign
Diversification and Economies of Scope: A Theory of the Multiproduct Firm
Abstract
dc:descriptionRecent theoretical studies of multiproduct firms discuss such firms from the viewpoint that they already exist. One topic that is missing from the theory of multiproduct firms is how they came into being. This dissertation puts forth a theory of diversification which seeks to explain how multiproduct firms evolve subject to growth constraints. Here diversification refers to any movement away from the firm's main line of business, whether the movement be product extension, vertical, or conglomerate in nature. A dynamic model is examined which describes the growth and diversification behavior of a profit maximizing firm seeking to exploit available scale and scope economies.
Degree
thesis:*- Name thesis:degree_name
- Ph.D.
- Level thesis:degree_level
- Dissertation
- Discipline thesis:degree_discipline
- Economics
- Grantor
- University of Illinois at Urbana-Champaign
- Year dc:date
- 2014
Author and committee
dc:creator, dc:contributor.*- Author dc:creator
-
- Norton, Edgar Albert, Jr.
Subjects
dc:subject × 1Identifiers
dc:identifier.*- Identifier
- (UMI)AAI8502255
- OAI identifier oai:identifier
- oai:www.ideals.illinois.edu:2142/70753