Crowdfunding, cascades and informed investors
نویسندگان
چکیده
منابع مشابه
Crowdfunding, Cascades and Informed Investors
Crowdfunding, Cascades and Informed Investors Do higher proportions of (a) informed investors and (b) high-quality projects increase the number of good projects that are ultimately financed via crowdfunding? A simple model and simulation reveals the answers to both questions to be: ‘not necessarily’. JEL Classification: L26, C63, G23
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Article history: Received 7 December 2008 Received in revised form 23 November 2009 Accepted 4 December 2009 Available online 24 December 2009
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ژورنال
عنوان ژورنال: Economics Letters
سال: 2014
ISSN: 0165-1765
DOI: 10.1016/j.econlet.2014.10.001