Exploring the Factors that Determine the Success of Litigation Crowdfunding: Implications for Social Justice

Jie Ren, Viju Raghupathi and Wullianallur Raghupathi

Technological Forecasting and Social Change, 2021, vol. 169, issue C

Abstract: Civil litigation is increasingly expensive; many victims are unable to afford court charges and attorney fees. This limits a plaintiff's ability to sue. Crowdfunding has emerged as a new way to cover expenses. This article explores factors that contribute to success in litigation crowdfunding. Using data from CrowdJustice we study the impact of valence, arousal, and dominance in case description, on the funding success, considering the number of pledges, target amount, description, country, and category of the cases.

Keywords: Valence; Arousal; Dominance; Funding success; Litigation Crowdfunding; Social Justice and Public interest (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:169:y:2021:i:c:s0040162521002456

DOI: 10.1016/j.techfore.2021.120813

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