Crowdfunding, cascades and informed investors

Simon Parker ()

Economics Letters, 2014, vol. 125, issue 3, 432-435

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 reveal 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)
Date: 2014
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Citations: View citations in EconPapers (27)

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Related works:
Working Paper: Crowdfunding, Cascades and Informed Investors (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:125:y:2014:i:3:p:432-435

DOI: 10.1016/j.econlet.2014.10.001

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