Risk and Lack of Diversification under Employee Ownership and Shared Capitalism

Authors: Markowitz, Harry M.; Blasi, Joseph; Kruse, Douglas
Product Type: Books / Book Chapters
Source: Forthcoming from University of Chicago Press
Publication Year: 2008

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This paper addresses whether the risk in shared capitalism makes it unwise for most workers or whether the risk can be managed to limit much of the loss of utility from holding the extra risk.

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