-sharing, screening opportunities, and competition are important driving forces behind these new forms of work organization. We document … control strategy prevails, while the possibility of screening renders the trust strategy profitable. The introduction of …

are better able to evaluate a project's risk than entrepreneurs. We study the bank's choice between screening and … collateralization in a model where banks do not have this superior screening skill. In particular, we study the effect of bank …

-sharing, screening opportunities, and competition are important driving forces behind these new forms of work organization. We document … control strategy prevails, while the possibility of screening renders the trust strategy profitable. The introduction of …

-sharing, screening opportunities, and competition are important driving forces behind these new forms of work organization. We document … control strategy prevails, while the possibility of screening renders the trust strategy profitable. The introduction of …

are better able to evaluate a project's risk than entrepreneurs. We study the bank's choice between screening and … collateralization in a model where banks do not have this superior screening skill. In particular, we study the effect of bank …

competing financiers undertake their screening decisions in an uncoordinated way, thereby highlighting the role of intertemporal … screening externalities induced by competition among venture capitalists as a structural source of instability. We show that … uncoordinated screening behavior of competing financiers is an independent source of fluctuations inducing venture investment cycles …