2021
DOI: 10.1007/s11187-020-00424-x
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Abstract: AbstractThe present research investigates certification effects and rational herding in reward-based crowdfunding (RBCF) campaigns of cultural projects. Culture is a domain where expert opinion traditionally plays an important role. Consequently, to test the role of experts in collective behaviour and outcomes of crowdfunding campaigns, RBCF of cultural projects is a particularly relevant field. The authors analyse data obtained from France’s leading RBCF platform, Ulule, and show that the contributing crowd i…

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