The assumed situation is as follows: two cumulative distribution functions F and G are in constant (unknown) ratio \theta , for values of the random variables below t* (assumed known); F and G may behave entirely independently above t*. Observations on a sample from F are then used to obtain...

A renewal process is defined to represent the present value of a stream of money payments occurring at random times.The objective is to partially close a gap in the state of knowledge regarding the properties (asymptotic behavior) of certain cashflow models, scheduling models, and inventory...

This paper develops a theory of the entrepreneurial financing by venture capitalists. It focuses on the activities of the entrepreneur at the incipiency of the investment process: namely the solicitation event. The temporal series of financial commitments elicited from venture capitalists are...