2016
DOI: 10.2139/ssrn.2828919
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Abstract: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz … Show more

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Cited by 53 publications
(44 citation statements)
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“…If the entrepreneur does not get what they need to do a proper job on the project, then the entrepreneur is more likely to abscond with the funds. To the extent that data are available, however, there appears to be substantially less fraud on Indiegogo than Kickstarter (Cumming, Hornuf, Karami, and Schweizer, ). Thus, the preliminary evidence is suggestive that the KIA model does not exacerbate the moral hazard.…”
Section: Discussion and Future Researchmentioning
confidence: 99%
“…If the entrepreneur does not get what they need to do a proper job on the project, then the entrepreneur is more likely to abscond with the funds. To the extent that data are available, however, there appears to be substantially less fraud on Indiegogo than Kickstarter (Cumming, Hornuf, Karami, and Schweizer, ). Thus, the preliminary evidence is suggestive that the KIA model does not exacerbate the moral hazard.…”
Section: Discussion and Future Researchmentioning
confidence: 99%
“…Moreover, they argue that herding behavior may impair the crowd's judgment. Despite these counterarguments, Mollick (2014) and Cumming, Hornuf, Karami, and Schweizer (2016) illustrate that crowdfunding has significant fraud immunity and that sharing information on crowdfunding platforms serves to self-correct the "foolishness" of the crowd (Hood, 2014).…”
Section: Concluding Notementioning
confidence: 99%
“…In [53][54][55][56][57], Kickstarter is used as a crowdfunding platform primarily for project success predictions. The work in [58,59] and [26], targets to acquire knowledge of fraudulent behaviors in crowdfunding by analyzing linguistic patterns. In [60], comments and updates of successful projects are used to estimate the delivery duration of rewards.…”
Section: Discussion and Concluding Remarksmentioning
confidence: 99%