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Agricultural trade, biodiversity effects and food price volatility
Bellora, Cecilia; Bourgeon, Jean-Marc - 2015
, governments face a trade-off: they are tempted to restrict pesticide use compared to under autarky because domestic consumption …
Persistent link: https://www.econbiz.de/10011286489
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Optimal pest control in agriculture
Christiaans, Thomas (contributor);  … - 2005
farming is shown to depend on the prices of pesticide and grain. It is either optimal to use no pesticide or a moderate amount … of pesticide or to apply a chattering control. Pest eradication is never optimal. On the other hand, if the farmer takes … pesticide depending on prices as well as on the shape of the grain production function which is determined by micro parameters …
Persistent link: https://www.econbiz.de/10003113272
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Optimal compatibility in systems markets
Kim, Sang-Hyun; Choi, Jay Pil - 2014
We investigate private and social incentives for standardization to ensure market-wide system compatibility in a two … conflict of interest between consumers and producers over the standardization decision. Consumers prefer standardization with …
Persistent link: https://www.econbiz.de/10010424907
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Venture capital backed growth
Keuschnigg, Christian - 2002
The paper proposes a simple equilibrium model of venture capital, entrepreneurship and innovation. Venture capitalists not only finance but also advise start-up entrepreneurs and thereby add value to new firms. The paper demonstrates how a productive and active VC industry boosts innovation...
Persistent link: https://www.econbiz.de/10011409024
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Start-up investment with scarce venture capital support
Kanniainen, Vesa; Keuschnigg, Christian - 2001
Start-up entrepreneurs are often commercially inexperienced. In giving managerial advice, venture capitalists can importantly enhance the success of innovative but highly risky ventures. The supply of experienced venture capitalists is not easily increased, however. When the rate of business...
Persistent link: https://www.econbiz.de/10011398098
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Public policy for venture capital
Keuschnigg, Christian; Nielsen, Søren Bo - 2001
This paper proposes a simple partial equilibrium model to investigate the effects of government policy on venture capital backed investments. Giving up an alternative career, entrepreneurs focus their effort on a single, high risk venture each. Venture capitalists acquire an equity stake and...
Persistent link: https://www.econbiz.de/10011398877
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Taxes and venture capital support
Keuschnigg, Christian; Nielsen, Søren Bo - 2003
In this paper we set up a model of start-up finance under double moral hazard. Entrepreneurs lack own resources and business experience to develop their ideas. Venture capitalists can provide start-up finance and commercial support. The effort put forth by either agent contributes to the firm s...
Persistent link: https://www.econbiz.de/10011404427
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Optimal regulation of auditing
Pagano, Marco (contributor); Immordino, Giovanni (contributor) - 2007
Persistent link: https://www.econbiz.de/10003497568
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Trust and contracts : empirical evidence
D'Acunto, Francesco; Xie, Jin; Yao, Jiaquan - 2020
states of the world contracts cover increase after a drop in trust. The results hold for several text-analysis-based measures …
Persistent link: https://www.econbiz.de/10012318377
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Taxation of a venture capitalist with a portfolio of firms
Keuschnigg, Christian - 2002
Venture capitalists not only finance but also advise and thereby add value to young innovative firms. The prospects of venture capital backed firms thus depend on joint efforts of entrepreneurs and informed venture capitalists, and are subject to double moral hazard. In financing a portfolio of...
Persistent link: https://www.econbiz.de/10011514038