associated with a greater degree of experimentation by investors. Investors respond to financing risk ― a forecast of limited … equilibrium, financing risk disproportionately impacts innovative ventures with the greatest real option value. We propose that …

Real and financial capital -- Risk and risk management -- Leverage -- Adverse selection and corporate financing … decisions -- Capital budgeting, project selection, and performance evaluation -- Risk transfer -- Risk finance -- Insurance … -- Project and principal finance -- Risk securitizations and insurance-linked notes -- Captives, protected cell companies, and …