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RF Code Announces First Ever Wire-Free Liquid Detection Sensor
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In the race to turn back the biological clock, consumers are reaching for an unproven...
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Active Learning for Decision-Making
This paper addresses focused information acquisition for predictive data mining. As businesses strive to cater to the preferences of individual consumers, they often employ predictive models to customize marketing efforts. This paper develops a new approach for active information acquisition that targets decision-making specifically. The method the author introduces departs...
What's Distinctive About Growth-Oriented Entrepreneurship In Developing Countries?
Entrepreneurship in emerging markets is distinctive from that practiced in more developed countries. Better understanding these distinctions is critical to private sector development in developing countries. Of particular interest are new and growth-oriented enterprises, which have a greater capacity to create sustainable economic growth than microenterprises or long-established Small and...
The Non-Neutrality of Debt in Investment Timing: A New NPV Rule
Limited liability debt financing of irreversible investments can affect investment timing through an entrepreneur's option value. This non- neutrality of debt arises from an entrepreneur's unique investment option, and it can be formally seen in a standard model of irreversible investment that is enhanced in this paper to include the...
IPO Decision: An Equilibrium Analysis
Initial Public Offering IPO involves the first sale of stock by a company to the public. This paper presents a signalling model which explains the IPO when the entrepreneur is risk averse, even the firm does not need to acquire external finance. The author develops a model where investors discern...
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