Publications in Peer-Reviewed Journals

1. Scaling versus Selling Startups: The Role of Foreign Acquirers in Entrepreneurial Ecosystems, 2023 (with Thomas Hellmann). Journal of Political Economy Microeconomics, 1(2), 348-399. Working Paper Version.

2. A Theory of Voluntary Testing and Self-isolation in an Ongoing Pandemic, 2022 (with Thomas Hellmann). Journal of Public Economic Theory, 24(5), 873-911. Working Paper Version.

3. May the Force be With You: Investor Power and Company Valuations, 2022 (with Thomas Hellmann). Journal of Corporate Finance, 72, 102163. Working Paper Version.

4. Competition in the Venture Capital Market and the Success of Startup Companies: Theory and Evidence, 2020 (with Suting Hong and Konstantinos Serfes). Journal of Economics & Management Strategy, 29(4), 741-791. Working Paper Version.

5. Fostering Entrepreneurship: Promoting Founding or Funding?, 2019 (with Thomas Hellmann). Management Science, 65(6), 2502-2521. Working Paper Version.
         • Online Appendix. 

6. Partner Uncertainty and the Dynamic Boundary of the Firm, 2017 (with Thomas Hellmann). American Economic Journal: Microeconomics, 9(4), 2077-302. Working Paper Version.
         • Online Appendix.

7. Contracting among Founders, 2015 (with Thomas Hellmann). Journal of Law, Economics, & Organization, 31(3), 629-661. Working Paper Version.

8. Friends or Foes? The Interrelationship between Angel and Venture Capital Markets, 2015 (with Thomas Hellmann). Journal of Financial Economics,115(3), 639-653. Working Paper Version.
        • Online Appendix

9. Subjective Performance Evaluations, Collusion, and Organizational Design, 2013. Journal of Law, Economics, & Organization, 29(1), 35-59. Working Paper Version.

10. Incentives and Innovation: A Multi-tasking Approach, 2011 (with Thomas Hellmann). American Economic Journal: Microeconomics, 3(1), 78-128. Working Paper Version.

11. Promotion Tournaments and Individual Performance Pay, 2010 (with Anja Schöttner). Journal of Economics & Management Strategy, 19(3), 699-731. Working Paper Version.

12. Task-Specific Abilities in Multi-Task Principal-Agent Relationships, 2010. Labour Economics, 17(4), 690-698. Working Paper Version.

13. Aggregating Performance Measures in Multitask Principal-Agent Relationships, 2009. Economics Bulletin, 29(4), 2693-2699. Working Paper Version.

14. Performance Measurement in Multi-Task Agencies, 2007. Research in Economics, 61(3), 148-163. Working Paper Version.