The paper introduces the problem of unawareness into multi-dimensional Principal–Agent
theory. We introduce two key parameters to describe the problem, the extent and the effect of …

This paper theoretically studies the interaction between an informed borrower and an
uninformed lender facing possible default of a loan application. The lender is motivated to …

This paper examines the interaction between an informed seller and an uninformed buyer,
facing the possibly inappropriate status quo product. The buyer can invest cognitive …

The objective of the study was to establish the effect of venture capital financing on
investment in Kenya. To achieve this objective venture capital was disaggregated into two …

The venture capital industry holds relevance for entrepreneurs looking for money to finance
an innovative project, investors seeking to make money by investing in entrepreneurial firms …

The results of an experiment involving income sharing being reported here, show that rather
than being largely indifferent to the stage of implementation when an input takes effect, as …