The Jumpstart Our Business Startups (JOBS) Act of 2012 in the U.S. expanded the capital markets so that entrepreneurs can appeal directly to non-traditional small crowd investors for investment funds. The final rules and forms of the JOBS Act became effective in May 16, 2016. Existing literature...

Monetary incentives underlie academic publications, especially in countries where many researchers' incomes are performance-based. Evidence has documented that social ties improve the chances of publication in journals, whereas building and maintaining social ties require resources. We develop a...