Financial Times FT.com

The Undercover Economist: Shot down in flames

By Tim Harford

Published: September 15 2006 14:15 | Last updated: September 15 2006 14:15

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The FT’s UK business editor has challenged me to solve a tricky problem for a misunderstood species: dragons. The dragons in question populate BBC2’s Dragons’ Den. Part of the fun of the show is watching these five ferocious venture capitalists give bungling inventors a roasting, but it’s equally entertaining to see them haggling over how large a share of a promising business the hopeful owners are willing to sell.

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