Publications of Ulf Axelson

We study how efficient primary financial markets are in allocating capital when information about investment opportunities is dispersed across market...

We examine the determinants of success in venture capital transactions using the largest deallevel data set to date, with special emphasis on...

This paper develops a theory of the opening and dynamic development of a futures market with competing exchanges. The optimal contract design involves...

Private equity sponsors pay special attention to designing capital structure, making buyouts an interesting setting for examining capital structure...

We develop an optimal dynamic contracting theory of overpay for jobs in which moral hazard is a key concern, such as investment banking. Overpaying...