Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/93354
Authors: 
Parker, Simon C.
Year of Publication: 
2014
Series/Report no.: 
IZA Discussion Paper 7994
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 reveals the answers to both questions to be: 'not necessarily'.
Subjects: 
crowdfunding
new ventures
entrepreneurial finance
startups
JEL: 
L26
C63
G23
Document Type: 
Working Paper

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