I consider an environment in which entrepreneur generates information about the quality of his project prior to contracting with investor. The investor faces a moral hazard problem since may divert funding for private consumption. find that efficient amount is generated if and only bargaining power high enough. interpret this result terms investors' tightness, competitiveness, generosity measur...

The Venture Capital (VC) Game is a web-based, discrete-event simulator of a market for a single product. Students are divided into teams. In some assignments all the teams are entrepreneurs. In other assignments, some teams will be entrepreneurs and the rest will be venture capitalists. The objective of the game is to finish with the highest equity valuation. The entrepreneur teams compete agai...

The prints of Sebald Beham and his brother Barthel were the subject of a recent exhibition titled Gottlosen Maler at the AlbrechtDűrer-Haus in Nuremberg (March 3–July 3, 2011), where this essay was included in the exhibition catalogue in German. Revised and expanded for publication in this journal in English, the essay addresses Beham’s biography and historiography and argues that Beham should ...