When should a firm diversify its supply base? Most extant theories attribute supplier diversification to supplier risk …. Herein, we develop a new theory that attributes supplier diversification to buyer risk. When suppliers are subject to the … supply base diversification can be effective at alleviating the holdup problem, we show that it comes at the expense of …

utility functions and mean-variance formulations and is illustrated with networks featuring resource diversification …

firm sourcing diversification as a way to increase resilience to adverse shocks. …