his paper examines the impact of venture capitalists' reputation building and experience accumulation on the genesis of …. They must build reputation, i.e., a track record for successfully financing high-technology enterprises, in order to raise …. Simulations are used to solve the model. The simulation results demonstrate that reputation building and experience accumulation …

help explain several anomalies associated with prospect theory, including probability weighting, loss aversion, and framing …. Prospect theory's four-fold pattern of probability weighting predicts that decision makers favor long-shots, avoid near sure … those of prospect theory, they differ in some cases, allowing for tests between the theories. The theoretical predictions …