Crowdfunding, Cascades and Informed Investors

Simon Parker ()

No 7994, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: 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'.

Keywords: crowdfunding; new ventures; entrepreneurial finance; startups (search for similar items in EconPapers)
JEL-codes: C63 G23 L26 (search for similar items in EconPapers)
Pages: 11 pages
Date: 2014-02
New Economics Papers: this item is included in nep-cmp, nep-ent and nep-ppm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (27)

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Related works:
Journal Article: Crowdfunding, cascades and informed investors (2014)
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