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Venture capital is an important vehicle for financing new and innovative high-risk ventures. While its size relative to the economy is typical for an OECD country, Australia’s total venture capital investment is relatively smaller than that of the United States. The US, however, has a number...
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The paper examines the role of information disclosure in a competitive insurance market and the role of government in facilitating the flow of information between insurance market participants. After an introduction to the theoretical framework, the paper outlines some specifics of information...
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