Crowdfunding is a process where commercial or non-commercial projects are initiated in a public announcement by organizations or individuals to receive funding, assess the market potential, and build customer relationships. Crowdfunding is employed in a variety of different categories, ranging...

Testing data for conformity to Benford's law is used not only by auditors exploiting a numerical phenomenon to detect fraudulently reported data. Operationally goodness-of-fit tests are used to conclude if data that should, does indeed comply with Benford's law. Naturally, not all statistical...

Crowdfunding is an alternative form of financing, especially for entrepreneurs in the early-stage development phase. It is well-known that for investors, beyond altruistic motives, material returns play a crucial role, too. A previous study in this field analyzed returns offered by founders and...