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13、¢y.••Ä•½š(ª¤)ÀJ5¯K"'…cµºxÝ]¶V>ºx¶?d„dƉ¶•`ܶ•½šAbstractIntheeconomicactivities,theeachagentofthetwo-sidedtradechoosesthestrategicbehaviorstomaximizetheirutilitiesundertheconstraintconditions,andthoseachievethestatethatthereisnoParetoimprovementsbythetra
14、de,thisisthebasicparadigmofthemoderneconomics.However,thereisaveryimportantpresupposition,itisthatthetradershavechosentheircounterpartsastheirpartersfromthemarketsetsbeforetheirtradingbehaviors.Thus,howtheblackboxprocessisgoingon,andwhetherthereexistamarketequilibri
15、umstatethattraderschooseeachotherexactly?Thedissertationtriedtoanswertheissueofchoosingeachotherexactlyforventurecapitalmarkets:howentrepreneursandventurecapitalistsdecidetomatchwiththeircounterparts,consideringthattheyareallheterogeneousindividuals.Specically,inth
16、epracticeofventuremarkets,whysomecertainentrepreneursarewillingtoacceptandhavereceivedtheinvestmentsfromsomecertainventurecapitalists,butnothappenthatbothagentsabandontheircurrentpartnersandmatchwithothercounterparts.Intheventurecapital,entrepreneursandventurecapita
17、listshaveprivatein-formationabouttheirownbehaviors,andcausethereexistdoublemoralhazardproblems.Thus,thisdissertationfocusonthestablematchi