摘要翻译：
这个理论模型包含了风险银行的概念、方程和图形结果。一个由27个方程组成的系统描述了风险银行和保险商系统的行为，允许用相空间类型的图来显示利润和损失发生的地方。这些结果证实并扩展了从原来的基于电子表格的模型中得到的结果。通过一个城堡亏损投资的实例，阐明了概念。这个模型要求所有的投资都在创造新效用价值的企业上。所创造的评估效用价值是向风险银行和承销商支付的新资金。所提出的模型选择的参数确保风险银行比承销商先经历损失。参数为：DIN溢价0.05；回扣留置权分数0.77；收回债券和股票期货折扣，1.5倍（美国12个月LIBOR）；回收债券出售范围，0-100%；股票期货的销售范围从0到70%不等。
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英文标题：
《A New Form of Banking -- Concept and Mathematical Model of Venture
  Banking》
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作者：
Brian P Hanley
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最新提交年份：
2020
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分类信息：

一级分类：Economics        经济学
二级分类：General Economics        一般经济学
分类描述：General methodological, applied, and empirical contributions to economics.
对经济学的一般方法、应用和经验贡献。
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一级分类：Quantitative Finance        数量金融学
二级分类：Economics        经济学
分类描述：q-fin.EC is an alias for econ.GN. Economics, including micro and macro economics, international economics, theory of the firm, labor economics, and other economic topics outside finance
q-fin.ec是econ.gn的别名。经济学，包括微观和宏观经济学、国际经济学、企业理论、劳动经济学和其他金融以外的经济专题
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英文摘要：
  This theoretical model contains concept, equations, and graphical results for venture banking. A system of 27 equations describes the behavior of the venture-bank and underwriter system allowing phase-space type graphs that show where profits and losses occur. These results confirm and expand those obtained from the original spreadsheet based model. An example investment in a castle at a loss is provided to clarify concept. This model requires that all investments are in enterprises that create new utility value. The assessed utility value created is the new money out of which the venture bank and underwriter are paid. The model presented chooses parameters that ensure that the venture-bank experiences losses before the underwriter does. Parameters are: DIN Premium, 0.05; Clawback lien fraction, 0.77; Clawback bonds and equity futures discount, 1.5 x (USA 12 month LIBOR); Range of clawback bonds sold, 0 to 100%; Range of equity futures sold 0 to 70%.
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PDF链接：
https://arxiv.org/pdf/1810.00516