Short-Sales Constraints and the Diversification Puzzle

• Adam V. Reed

  Corresponding Author

  Adam V. Reed

  [email protected]

  https://orcid.org/0000-0002-9507-8905

  Kenan-Flagler Business School, University of North Carolina, Chapel Hill, North Carolina 27599

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• Pedro A. C. Saffi

  Pedro A. C. Saffi

  [email protected]

  https://orcid.org/0000-0002-3347-6801

  Judge Business School, University of Cambridge, Cambridge CB2 1AG, United Kingdom

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• Edward D. Van Wesep

  Edward D. Van Wesep

  [email protected]

  https://orcid.org/0000-0002-7167-688X

  Leeds School of Business, University of Colorado Boulder, Boulder, Colorado 80309

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