haku: @indexterm GAME THEORY / yhteensä: 415
viite: 57 / 415
| Tekijä: | Elitzur, R. Gavious, A. |
| Otsikko: | A multi-period game theoretic model of venture capitalists and entrepreneurs |
| Lehti: | European Journal of Operational Research
2003 : JAN 16, VOL. 144:2, p. 440-453 |
| Asiasana: | Contracts Entrepreneurship Finance Game theory Venture capital |
| Kieli: | eng |
| Tiivistelmä: | This study examines the relationship between a venture capitalist and an entrepreneur and follows it from its inception to the exit stage. The model that is used is multi-period game theoretic model with moral hazard where the contract is set in the first period. The contribution of the study lies in the insights it provides on optimal contracts and its characterization of an endogenous exit point. |
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