Capital Markets and Investments Ideas at Work Articles
June 15, 2005

Pricing risk in venture capital

The sequence in which venture capitalists sign contracts — first with investors, then with entrepreneurs — creates a classic principal-agent problem. How does this three-way interaction affect the pricing of private equity deals?

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April 25, 2006

Fixing Social Security

Progressive Personal Accounts — a new plan for reforming the U.S. public pension system — could satisfy Democrats and Republicans.

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August 31, 2006

Small loans on a large scale

Is microfinance the key to ending poverty in the developing world? New research findings could help microfinance institutions lower their interest rates and reach more borrowers.

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October 13, 2006

When giving is cheap

A game reveals what lies beneath our most charitable impulse.

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November 15, 2006

Insuring against global warming

How much should countries spend to avoid the uncertain risk of climate change?

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November 15, 2006

A Return to the banker's honor code

Jonathan Knee wants to bring back the traditional values of investment banking's early days -- before junk bonds, LBO funds and the Internet bubble changed everything.

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November 15, 2006

How can rich countries best promote economic development in the world’s poorest nations?

Paul Tierney, chairman of TechnoServe, an organization that provides technical assistance to entrepreneurs in developing countries, explains what works and what doesn't.

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January 18, 2007

Listen and learn

Do investors learn more from advice or by observing the actions of others?

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May 31, 2007

Is the price of money managers too low?

Gur Huberman examines why competition hasn't eliminated profits for money managers, and why mutual funds are still priced well below the value of their profits.

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