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Crowdfunding is an Internet-based fundraising method that relies on contributions from a large crowd of investors to … crowdfunding success lead to overfunding. Based on the information asymmetries between fund-seeking entrepreneurs and the crowd … socially oriented projects from a reward-based crowdfunding platform. The results show the importance for entrepreneurs of …
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Experiments involving multiple public goods with contribution thresholds capture many features of charitable giving environments in which donors try to coordinate their contributions across various potential recipients. We present results from a laboratory experiment that introduces endowment...
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