{"id":"W2070415706","doi":"10.1515/bejeap-2013-0190","title":"Financing High-tech Start-ups: Moral Hazard, Information Asymmetry and the Reallocation of Control Rights","year":2015,"lang":"en","type":"article","venue":"The B E Journal of Economic Analysis & Policy","topic":"Private Equity and Venture Capital","field":"Business, Management and Accounting","cited_by":5,"is_retracted":false,"has_abstract":true,"ca_institutions":"University of Prince Edward Island","funders":"","keywords":"Moral hazard; Information asymmetry; Venture capital; Finance; High tech; Business; Equity (law); Equity capital markets; Private equity; Debt; Club deal; Economics; Monetary economics; Financial system; Market economy; Incentive","routes":{"ca_aff":true,"ca_fund":false,"ca_venue":false,"about_ca":false,"invisible_to_affiliation_only":false},"retraction":null,"screen":null,"direct_labels":[],"prediction":{"model_version":"metacan-v3-hybrid-931329e0061c","candidate_categories":[],"consensus_categories":[],"category_scores_codex":[0.005011256,0.0004480883,0.001213482,0.0007764059,0.0007457937,0.004124859,0.001180742,0.003376178,0.00847312],"category_scores_gemma":[0.01226386,0.0006068514,0.0008399864,0.0005871844,0.002675244,0.003584978,0.001785203,0.00277387,0.0004447919],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.002573325,"about_ca_system_score_gemma":0.002147448,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.003527065,"about_ca_topic_score_gemma":0.002013132,"domain_scores_codex":[0.9985386,0.0007460425,0.00005239544,0.0001318902,0.0001506148,0.0003805477],"domain_scores_gemma":[0.9811532,0.01276899,0.003907163,0.0006366032,0.0004413315,0.001092731],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"theoretical_or_conceptual","study_design_gemma":"theoretical_or_conceptual","study_design_scores_codex":[0.0005137081,0.0004307637,0.01158414,0.0002003282,0.0001324618,0.000955476,0.0004610936,0.2395996,0.001140269,0.7246199,0.003316572,0.01704569],"study_design_scores_gemma":[0.000417234,0.0003318115,0.0049957,0.0001419338,0.00009196717,0.0002566215,0.0003215299,0.434187,0.0009055055,0.5552923,0.002985851,0.00007260369],"study_design_candidate":"theoretical_or_conceptual","study_design_consensus":"theoretical_or_conceptual","genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.7602159,0.002334836,0.1732559,0.01215267,0.0001314624,0.0003718509,0.0005029123,0.0001750072,0.05085945],"genre_scores_gemma":[0.9946076,0.0004318631,0.001222706,0.00009330106,0.00004448312,0.0000344635,0.00002565569,0.000004563484,0.00353547],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.00847312,"threshold_uncertainty_score":0.02834547,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.01281389375088924,"score_gpt":0.2237872862329779,"score_spread":0.2109733924820887,"validation_status":"score_only:v0-immature-baseline","note":"Baseline scores from an immature model (maturity gate not passed). Scores rank; they never assert a category."}}