venture capital (VC), this study proposes two kinds of time-inconsistent preferences (i.e., time-flow inconsistency and time … sophisticated venture capitalists, of which the latter three are time-inconsistent. We derive and compare the exit thresholds of … these four types of venture capitalists. The main results include: (1) time-inconsistent preferences accelerate the exits of …

Purpose: We aim to generalize the continuous-time principal-agent problem to incorporate time-inconsistent utility … for time-inconsistent utilities. This is illustrated through a fully solved example in the linear-quadratic setting … with time-inconsistent utilities, a scenario not previously addressed. The results offer potential insights for both …