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'

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Year of publication:	2014
Authors:	Parker, Simon C.
Publisher:	[2014]: [S.l.] : SSRN
Subject:	Crowdfunding \| Anlageverhalten \| Behavioural finance \| Herdenverhalten \| Herding

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Extent:	1 Online-Ressource (11 p)
Series:	IZA Discussion Paper ; No. 7994
Type of publication:	Book / Working Paper
Language:	English
Other identifiers:	10.2139/ssrn.2403130 [DOI]
Classification:	L26 - Entrepreneurship ; C63 - Computational Techniques ; G23 - Pension Funds; Other Private Financial Institutions
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013057901