Venture Capital Finance-Eliminating Double Sided Moral Hazards through Trade-off between Economic and Behavioural Economic Aspects-A Case Analysis

Venture capital finance has two aspects,the economic aspect and the behavioural economic aspect.The economic aspect includes issues such as conflict of interest between the entrepreneur and the venture capitalist(VC),asymmetric information,moral hazard,and compensation issues for both the parties.The behavioural economic aspect is related to relational factors such as empathy and a feeling of fairness and trust shown by both the parties.Therefore,while deciding the financer,entrepreneur should consider both relational aspect and value add services of the financier and strike optimal trade-off.The ensuing case analysis has been carried out focusing on elimination of double-sided moral hazards through a proper trade-off between economy and behavioural economic theories(aspects).The performance of the venture can be enhanced by balancing both of these theories in practice.An equity distribution that represents economic reward is a source of motivation for both the parties to put optimal efforts towards the success of the venture.This was seen in the case analysis,when the parties perceived the initial equity distribution agreement as fair,the satisfaction level of all the parties increased,leading to the reduction in the possibility of double-sided moral hazard and ensuring the success of the venture.Moreover,the analysis shows that information sharing and two-way communication increases trust and improves decision quality.It further focusses on how feedback and proper work distribution results in efficiency of performance for each of the stakeholders,leading to reduced probability of double-sided moral hazards.

Electroplating of diamond tools under economic and environmental care aspects

0 Introduction Economy and the protection of the environment are important topics.We are competent to talk about these topics.Due to the expanding areas of application for highprecision and electroplated diamond tools with reproducible quality and long life,of course the aspects of economy and environmental protection gain increasing significance.In this lecture we will explain and show that economical aspects and environmental aspects in diamond electro-plating do not contradict,but rather complement each other.

Power Versus Bandwidth Efficiency in Wireless Communications:from Economic Sustainability to Green Radio

We carry out a comprehensive analysis of a range of wireless network efficiency considerations. Firstly, we explore the properties and the implications of the power-versus bandwidth-efficiency criteria. Secondly, we perform a detailed top-down analysis of a typical commercial wireless network, which emphasizes the inherent differences between the aforementioned two efficiency metrics, while demonstrating that the appropriate choice of the network optimization criterion can have a profound effect on the overall network performance. Finally, we address the issue of resource management and its impact on the definition of the overall system efficiency. Our results suggest that no substantial area spectral efficiency gains beyond those exhibited by the 2G cellular technol- ogy may be economically achieved, and hence, no significant economic gains may be realized by simply increasing the bps/Hz bandwidth efficiency. In contrast, manifold utility and throughput gains as well as substantial Quality of Service enhancements may be attained by the appropriate combination of improved power efficiency, bandwidth expansion as well as the appropriate evolution of the networking paradigm.

Simulation and Comparative Study of CO_2 Capture in Underwater LSS Using HYSYS

Long-duration manned submersible missions require advanced life support systems (LSS) that can regenerate air, water and food. This study presented two CO_2-capture methods used in LSS, CO_2 removal with diethanolamine (DEA) and cryo-freezing with liquid oxygen. Both processes were modeled and simulated with HYSYS simulator. The performance of the two types of module was compared, and the results showed that the latter could be advantageous over the former in specific power, facility scale, operation reliability and safety. Economic evaluation suggested the latter cost only half of the former. Cryo-capture module could be an alternative for underwater LSS because of its efficiency and compactness.

Sedimentary Environments, Geometry and Characteristics of the Sand Layers within the Basin of El Ma Labiod （Algero-Tunisian Borders）

The authors＇ work concerns the study of sedimentary environments, the geometry and the characteristics of the silicon-clastic deposits within the basin of EI Ma Labiod at the Algero-Tunisian confines. The sedimentological analysis has proved a Miocene age of the sediments with varied environments： marine, fluvial-deltaic and lake. The geological aspect of the sediment, in particular sandy, is of the movable type or very slightly consolidated. The size of the industrial sand layers can be very diverse, however to feed from the industrial consumers having a certain perenniality, our prospection was directed towards layers with very important reserves. It is about a sedimentary basin with dimensions exceeding very largely the conditions of operating for such projects, which are at least one to two million tons. With the exception of a thin quaternary soil horizon, the basin is almost of an exploitation with open sky. The mineralogical determination has revealed siliceous to extra-siliceous sands, which are absolutely usable in the industry of glass, foundry and also in other functions like the abrasives of sanding and the clothing industry of the sandpapers. Concerning the economic aspect, the materials are very close and this is why the area has known the installation of a glassmaking factory and a cement factory using at the same time the Maastrichtian limestone, the sandy material and the clays of the Western zone of the basin.