Venture Investment Incentive Mechanisms and Simulation with Venture Entrepreneurs Having Multistage Efforts Based on Fairness Preference Theory
When venture capital has been invested into venture companies, venture capitalists and venture entrepreneurs form a principal-agent relationship. Take into account the fact that the venture entrepreneur’s effort is a long process, because the effort is not the same at different stage. Therefore, eff...
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Main Authors: | Kaihong Wang, Chuan Ding, Jiacheng Chen, Aimin Li |
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Format: | Article |
Language: | English |
Published: |
Wiley
2016-01-01
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Series: | Discrete Dynamics in Nature and Society |
Online Access: | http://dx.doi.org/10.1155/2016/5862576 |
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