TY  - BOOK
AU  - Lehtimäki,Mika
TI  - The Investment Game in Private Equity
T2  - Brill Research Perspectives in International Law
SN  - 9789004517844
AV  - KZ3275 
U1  - 332.6 23
PY  - 2022///
CY  - Leiden, Boston
PB  - Brill
KW  - Capital investment
KW  - International law
KW  - Game theory
N1  - In The Investment Game in Private Equity, Mika Lehtimäki discusses the legal relationship between investors and managers of private equity funds and sets out a game-theoretical framework for evaluating the role of regulation and contract in asset management; Includes bibliographical references and index; Preliminary Material; Mika J. Lehtimäki --; Copyright page; Mika J. Lehtimäki --; The Investment Game in Private Equity; Mika J. Lehtimäki
N2  - In The Investment Game in Private Equity, Mika Lehtimäki discusses the legal and contractual relationship between investors and managers of private equity funds as well as the economic incentives governing their relationship. Based on this analysis he sets out a game-theoretical framework for evaluating the role of regulation and contract in asset management. He argues that the contractual ‘investment game’ between the parties, noting their outcome maximisation objective, results in much of the current fund regulation being non-optimal from the investor perspective. This means that the parties are able to control, subject to qualifications relating to the bargaining process, their relationship and the protect their interests contractually instead of resorting to extensive regulation
UR  - http://dx.doi.org/10.1163/9789004517844
ER  -