Theoretical studies of tournaments and the venture capital industry
<p>This thesis consists of three essays. In essay 1, we examine the optimal contract design in the venture capital (VC) industry when a general partner (GP) cannot commit to putting effort into an existing partnership. We show that the first-best contract, a layered debt issued to investors, i...
| Auteur principal: | |
|---|---|
| Autres auteurs: | |
| Format: | Thèse |
| Langue: | English |
| Publié: |
2013
|
| Sujets: |