Abstract
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 reveal the answers to both questions to be: 'not necessarily'.
Author supplied keywords
Cite
CITATION STYLE
APA
Parker, S. C. (2014). Crowdfunding, cascades and informed investors. Economics Letters, 125(3), 432–435. https://doi.org/10.1016/j.econlet.2014.10.001
Register to see more suggestions
Mendeley helps you to discover research relevant for your work.
Already have an account? Sign in
Sign up for free