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This article explores the impact of personality and experience on the success of venture capitalists. The study finds that the personal qualities of venture capitalists, such as knowledge, experience, and personal networks, play a role in the success of the companies they invest in. The research collected data from surveys distributed to venture capitalists in the United States and analyzed the relationship between investor characteristics and investment returns. The findings suggest that specialized knowledge, experience in early and growing markets, a high pain tolerance, and a long-term outlook are key factors in the success of top venture capitalists. [Extracted from the article]

The joint-liability lending model in microcredit predicts social ties between groups of borrowers to incentivise repayment. However, it also promotes free riding behaviour. Repeated experimental games conducted in Bangladesh are used to empirically analyse key theoretical hypotheses predicted under joint-liability (repeated experimental games are conducted by the author on the field in Manikganj, Dhaka, Bangladesh in December 2014); treated groups of microcredit borrowers are compared to control groups of non-microcredit borrowers alongside questionnaire findings. Treated individuals forego short-run gains from non-repayment and benefit from higher long-run gains from progressing on to further rounds. The paper also finds that treated individuals are significantly less likely to free ride and more likely to shoulder for their partner compared to control individuals. Optimal individual and group characteristics to maximise repayment under joint-liability are then identified. [ABSTRACT FROM AUTHOR]

This study employs a public goods game in which participants can punish each other for free-riding. This paper examines the motivation for punishment behavior when the situation is such that a rational individual will not punish. This paper predicts and finds evidence for the punishment of free-ridership, even when not punishing is the profit-maximizing strategy. Specifically, this paper finds participants will punish more when designated the sole punisher for a group, than when all group members are allowed to punish. This result implies that those individuals who punish for non-rational reasons often free-ride on each others’ punishment. Accordingly, the study suggests individual responsibility is important for ensuring the strength of institutions aimed at punishing selfish behavior. [ABSTRACT FROM AUTHOR]

The article presents a study which examines 184 randomly selected auctions of Morgan dollars that were spread on eBay on July 7, 2007. It states that each coin, date and professionally-graded condition were recorded. It notes the significant difference of the value of coins and the probability of the buyer's and seller's remorses. It also mentions the effect of the uncertainties in online coin auctions to the buyers. Moreover, it also observes the importance and the popularity of Internet auctioning to the buyers and sellers.

The article discusses on the experiment done to test whether subtle changes in one's look could have a significant effect on one's attractive rating on HotOrNot. Three male and three female college-aged models were used for the experiment wherein they took a variety of photos of the models holding constant the background, lighting, pose and clothing, and subsequently changing one characteristic of the model. All 66 photos were put on HotOrNot for several weeks wherein it accumulated more than 300 votes on each female photo, and between 100 and 200 votes on each male photo. After all votes were gathered, separate OLS equations were used to explain female and male rating with dummy variable account for each treatment and model.