Optimal contingent payment mechanisms and entrepreneurial financing decisions

DOI10.1016/J.EJOR.2018.04.044MaRDI QIDQ724042zbMATH OpenOpenAlexFDO

Authors Miguel Tavares-Gärtner, Paulo J. Pereira, Elísio Brandão

Publication date 25 July 2018

Published in European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.ejor.2018.04.044

zbMATH Keywords

real optionsventure capitalcontingent paymentsearn-outsentrepreneurial finance

Mathematics Subject Classification ID

Derivative securities (option pricing, hedging, etc.) (91G20) Financial applications of other theories (91G80)

Recommendations

• Venture Capital Finance: A Security Design Approach *
• A multi-period game theoretic model of venture capitalists and entrepreneurs
• Heterogeneous beliefs and optimal ownership in entrepreneurial financing decisions
• Reducing risk and improving incentives in funding entrepreneurs
• Venture capital, staged financing and optimal funding policies under uncertainty

Cites work

• scientific article; zbMATH DE number 1869203 (Why is no real title available?)
• Allocation of attention within venture capital firms
• Earnouts in mergers and acquisitions: a game-theoretic option pricing approach
• Heterogeneous beliefs and optimal ownership in entrepreneurial financing decisions
• Selection of entrepreneurs in the venture capital industry: an asymptotic analysis
• The complementarity effect: effort and sharing in the entrepreneur and venture capital contract
• The pricing of options and corporate liabilities
• Venture capital, staged financing and optimal funding policies under uncertainty

Cited in

(10)

• Entrepreneurial finance with equity-for-guarantee swap and idiosyncratic risk
• Investment and operational decisions for start-up companies: a game theory and Markov decision process approach
• A dynamic model for venture capitalists' entry-exit investment decisions
• Reducing risk and improving incentives in funding entrepreneurs
• Individual antecedents of real options appraisal: the role of national culture and ambiguity
• Venture capital, staged financing and optimal funding policies under uncertainty
• Entrepreneurial incentives and the role of initial coin offerings
• Earnouts in mergers and acquisitions: a game-theoretic option pricing approach
• Heterogeneous beliefs and optimal ownership in entrepreneurial financing decisions
• Loans, ordering and shortage costs in start-ups: a dynamic stochastic decision approach

This page was built for publication: Optimal contingent payment mechanisms and entrepreneurial financing decisions

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q724042)