The Role of Information Signals in Determining Crowdfunding Outcomes
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How are crowdfunding decisions impacted by information on existing backer numbers and funding progress? How do these effects differ for content-oriented projects (e.g., films) versus product-oriented projects (e.g., board games)?
Calvin Qiu, Jin-Hyuk Kim, and Peter Newberry investigate these effects by estimating a consumer choice model for project crowdfunding and simulating consumer decisions under different scenarios. Read their new article.
Find out more about the Journal of Empirical Finance.
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