no code implementations • 22 Mar 2021 • Yanzhao Li, Ju'e Guo, Yongwu Li, Xu Zhang
Based on venture capitalists' understanding of future preferences, we consider four types of venture capitalists, namely time-consistent venture capitalists, venture capitalists who only realize critical time point inconsistency, naive venture capitalists and sophisticated venture capitalists, of which the latter three are time-inconsistent.
