Gerstmeier, Fabian; Oezcelik, Yigit; Tolksdorf, Michel - 2023
We study the efficacy of rebate rules in reward-based crowdfunding, where a project is only realized when a funding … experimentally test two rebate rules against the customary all-or-nothing model. Firstly, we adapt the proportional rebate rule from … induces weakly less variance in payments compared with the proportional rebate rule. In our experiment, we find that both …