Intro -- Contents -- Foreword -- Preface -- Acknowledgments -- Introduction -- Part One: Game Change -- 1 Industry Challenges -- 2 Why Johnny Can't Improve -- 3 New Analytic Framework -- 4 Process and Behaviors -- 5 Feedback in Action -- 6 Phantastic Risks -- Part Two: Behavioral Matters -- 7...

We use the tools of mechanism design, combined with the theory of risk measures, to analyze how a cash constrained owner of an asset with known stochastic returns raises capital from a population of investors that differ in their risk aversion and budget constraints. The issuer partitions the...