Showing 1 - 10 of 36
Due to uncertainties regarding quality in terms of both product and seller, information asymmetry is a significant problem for consumers in the online marketplace. Online sellers are keen to improve their sales by highlighting quality signals such as price, reputation, and e-WOM. In traditional...
Persistent link: https://www.econbiz.de/10012914783
This paper examines the influence of information disclosure on lenders' behaviors in a crowdfunded supply chain finance (SCF) market, a novel “FinTech” initiative that transforms the existing value chains via alternative leading. Unlike prior research that takes a static view and focuses on...
Persistent link: https://www.econbiz.de/10012925650
Inspired by the evaluation mode theory, we show online vendors mispredict consumers' responses to different types of sales displays. While vendors predict that consumers evaluate a featured product more positively in a cooperative sales promotion (CSP; i.e., multiple stores promoting...
Persistent link: https://www.econbiz.de/10014115343
In this paper, we investigate the optimal reward scheme design problem for online crowdfunding projects where project backers' reward item selection is assumed to follow the multinomial logit choice model. Our model shows that project creator's effective marginal profit from each reward item is...
Persistent link: https://www.econbiz.de/10012946237
Extending recent work on individual-level decision in the emerged reward-based crowdfunding market, we formulated a Panel Vector Auto Regression Model with exogenous variables to examine whether investors' Inertia Behavior (IB) exists in their repeated investment decisions (i.e., which reward...
Persistent link: https://www.econbiz.de/10012914777
We use controlled lab experiments to test whether the market efficiency being affected by unfair negative ratings, and whether announcing the percentage of unfair ratings in the market makes any difference. We find that the market efficiency is higher than no rating information case even when...
Persistent link: https://www.econbiz.de/10013066437
Given a long list of anomaly detection algorithms developed in the last few decades, how do they perform with regard to (i) varying levels of supervision, (ii) different types of anomalies, and (iii) noisy and corrupted data? In this work, we answer these key questions by conducting (to our best...
Persistent link: https://www.econbiz.de/10014241123
To promote charitable giving, donation-based crowdfunding platforms adopted match offers, whereby leadership donors commit to matching the contribution of other donors at a given rate. While match offers have great potential to improve fundraising performance, a lot remains unknown about how and...
Persistent link: https://www.econbiz.de/10013233975
Persistent link: https://www.econbiz.de/10013411926
To alleviate the information asymmetry between fundraisers and backers, many crowdfunding platforms have launched quality certification to help backers identify high-quality projects. Leveraging fine-grained data from Indiegogo, a well-known reward-based crowdfunding platform, we track the...
Persistent link: https://www.econbiz.de/10014084919