Browsing by Author "6d6e40fa-5576-4b0c-a8fa-5d6cd8f9a497"
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Bonilla Meléndez, Claudio; Vergara, Marcos (Springer, 2020)In this paper, we discuss the transition from secure employment to risky self-employment (entrepreneurship) caused by a small increase in wealth. Building on the apportioning risk literature, we prove that the transition ...
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Vergara, Marcos; Bonilla Meléndez, Claudio; Sepúlveda, Jean P (Elsevier, 2016)This paper focuses on the relationship between the venture capitalist and the entrepreneur. In particular, it analyses how both players' unobservable effort levels affect the equity share that the entrepreneur is willing ...