In this paper I studied the optimal mechanism in selling information to decision makers with private prior knowledge about the payoff relevant state. When the underlying decision problem has a continuum of actions, the optimal mechanism will be a continuum menu of experiments with decreasing...

Women's participation rate in the high-growth entrepreneurship has been consistently lower than in other high-skilled jobs for previous decades. This paper aims to explain this unique persistent gender gap in both the US venture capital industry and the US entrepreneurial activities from the...

The entrepreneurial financing process is essentially a two-sided matching process between investors and startups. This paper implements two symmetric incentivized resume rating (IRR) experiments with real US venture capitalists and US startup founders to elicit their preferences for potential...

This paper proposes a new time-varying minimum variance portfolio (TV-MVP) in a large investment universe of assets. Our method extends the existing literature of minimum variance portfolio by allowing for time-varying factor loadings, which is the facilitator to capture the dynamics of asset...