Private equity fund managers are typically required to invest their own money alongside the fund. We examine how this coinvestment affects the acquisition strategy of leveraged buyout funds. In a simple model, where the ...

The National Venture Capital Association (NVCA) empowers the next generation of American companies that will fuel the economy of tomorrow. As the voice of the U.S. venture capital and startup community, NVCA advocates for ...

Argentum was created in 2001 with the aim of delivering competitive returns and creating a more well-functioning capital market for unlisted companies. Our core expertise is evaluating and selecting private equity funds ...

The Brønnøysund Register Center develops and operates digital services that streamline, coordinate and simplify the dialogue with the public sector for individuals and companies. We operate many of the country's most ...

By means of three treatments, we identify the causal effect of differences in monetary incentives on the production of social goods allowing for self-selection. The main structure of the experiment is as follows: After ...

NHH - Norwegian School of Economics

We study, theoretically and empirically, the effects of incentives on the self-selection and coordination of motivated agents to produce a social good. Agents join teams where they allocate effort to either generate ...