Browsing Discussion papers (FOR) by Author "Bienz, Carsten"
Now showing items 1-3 of 3
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The defeasance of control rights
Bienz, Carsten; Fluck, Zsuzsanna; Faure-Grimaud, Antoine (Discussion pape, Working paper, 2011-01) -
Evolution of Decision and Control Rights in Venture Capital Contracts: An Empirical Analysis
Bienz, Carsten; Walz, Uwe (Discussion paper, Working paper, 2006-12)We analyze the structure and evolution of the allocation of decision and control rights in venture capital contracts by using a sample of 464 contracts between venture capitalists (VC) and portfolio firms from Germany. We ... -
Software vulnerabilities and bug bounty programs
Bienz, Carsten; Juranek, Steffen (Discussion paper;4/20, Working paper, 2020-05-12)Many software developers employ bug bounty programs that award a prize for the detection of bugs in their software. We analyze, in a model with asymmetric information, under which conditions a bug bounty program is beneficial ...