We investigate strategies a reward-based crowdfunding platform employs to align an entrepreneur’s choice of pledge and target levels with its own preferences. We consider two instruments the platform can employ: the way it chooses to promote campaigns to potential backers, and its share of the...

We study how a backer’s risk of not getting delivery of a product, even after a “successful” crowdfunding campaign, is affected by an entrepreneur’s incentive to set a funding goal that is lower than the amount needed to start product development. The entrepreneur makes an estimate of...

A central design challenge facing network planners is how to select a cost-effective network configuration that can provide uninterrupted service despite edge failures. In this paper, we study the Survivable Network Design (SND) problem, a core model underlying the design of such resilient...

Lariviere and Porteus (2001) introduce the concept of generalized failure rate of a continuous random variable and demonstrate its importance. If the valuation distribution of a product has an increasing generalized failure rate (that is, the distribution is IGFR), then the associated revenue...