Ignorance is bliss? Information and risk on crowdfunding platforms. D'Arcangelo, C., Morreale, A., Mittone, L., & Collan, M. PLoS ONE, 2023. Publisher: Public Library of Science Type: Article
Ignorance is bliss? Information and risk on crowdfunding platforms [link]Paper  doi  abstract   bibtex   
This research examines the determinants of project success on crowdfunding platforms within a competitive context. We focus on the specific horizontal attributes of the project- attributes that do not affect the project returns but over which investors may have heterogeneous preferences-and on the project returns' risk level. We run a laboratory experiment with several set-ups, where multiple projects compete for funding simultaneously and where potential investors operate in a quasi-continuous time. We find the horizontal attributes' information affects project selection, while the risk level of the project returns affects the amount of collected funding. © 2023 D'Arcangelo et al.
@article{darcangelo_ignorance_2023,
	title = {Ignorance is bliss? {Information} and risk on crowdfunding platforms},
	volume = {18},
	issn = {19326203},
	url = {https://www.scopus.com/inward/record.uri?eid=2-s2.0-85163274662&doi=10.1371%2fjournal.pone.0286876&partnerID=40&md5=c0f1e94560877fc44aa0f8e411838b9b},
	doi = {10.1371/journal.pone.0286876},
	abstract = {This research examines the determinants of project success on crowdfunding platforms within a competitive context. We focus on the specific horizontal attributes of the project- attributes that do not affect the project returns but over which investors may have heterogeneous preferences-and on the project returns' risk level. We run a laboratory experiment with several set-ups, where multiple projects compete for funding simultaneously and where potential investors operate in a quasi-continuous time. We find the horizontal attributes' information affects project selection, while the risk level of the project returns affects the amount of collected funding. © 2023 D'Arcangelo et al.},
	language = {English},
	number = {6 JUNE},
	journal = {PLoS ONE},
	author = {D'Arcangelo, Chiara and Morreale, Azzurra and Mittone, Luigi and Collan, Mikael},
	year = {2023},
	pmid = {37327223},
	note = {Publisher: Public Library of Science
Type: Article},
	keywords = {Crowdsourcing, Fund Raising, Laboratories, article, crowdsourcing, financial management, funding, laboratory},
}

Downloads: 0