Rethinking Crowdfunding Platform Design: Mechanisms to Deter Misconduct and Improve Efficiency
Published Online:22 May 2020https://doi.org/10.1287/mnsc.2019.3482
References
- (1995) The market for “lemons”: Quality uncertainty and the market mechanism. Estrin A, Marin A, eds. Essential Readings in Economics (Springer, Berlin), 175–188.Crossref, Google Scholar
- (2016) A dynamic model of crowdfunding. Working paper, Google, Inc., Mountain View, CA.Google Scholar
- (2004) Pre-IPO operational and financial decisions. Management Sci. 50(7):935–948.Link, Google Scholar
- (2020) Does crowdfunding benefit entrepreneurs and venture capital investors? Manufacturing Service Oper. Management. Forthcoming.Google Scholar
- (2019) Designing dynamic contests. Oper. Res. 67(2):339–356.Abstract, Google Scholar
- (2015) The impact of budget constraints on flexible vs. dedicated technology choice. Management Sci. 62(1):225–244.Link, Google Scholar
- (2019) Designing rewards-based crowdfunding campaigns for strategic (but distracted) contributors. Working paper, Fuqua School of Business, Duke University, Durham, NC.Google Scholar
- (2020) Signaling to the crowd: Private quality information and rewards-based crowdfunding. Manufacturing Service Oper. Management. Forthcoming.Google Scholar
- (2019) Learning through crowdfunding. Management Sci., ePub ahead of print August 1, https://doi.org/10.1287/mnsc.2018.3278.Google Scholar
- (2014) Venture capitalists vs. angels: The dynamics of private firm financing contracts. Rev. Corporate Finance Stud. 3(1-2):39–86.Crossref, Google Scholar
- (2019) Supplier diversification under buyer risk. Management Sci. 65(7):3150–3173.Link, Google Scholar
- (2020) On the financing benefits of supply chain transparency and blockchain adoption. Management Sci. Forthcoming.Google Scholar
- (2020) The role of customer investor involvement in crowdfunding success. Management Sci. 66(1):452–472.Google Scholar
- (2017) Contingent stimulus in crowdfunding. Rotman School of Management Working Paper 2925962, University of Toronto, Toronto.Google Scholar
- (2016) To Groupon or not to Groupon: The profitability of deep discounts. Marketing Lett. 27(1):39–53.Crossref, Google Scholar
- (2020) Token weighted crowdsourcing. Management Sci. Forthcoming.Google Scholar
- (2019) Inventory, speculators and initial coin offerings. The Wharton School Research Paper, University of Pennsylvania, Philadelphia.Google Scholar
- (2016) How Zano raised millions on kickstarter and left most backers with nothing. Accessed June 30, 2019, https://medium.com/kickstarter/how-zano-raised-millions-on-kickstarter-and-left-backers-with-nearly-nothing-85c0abe4a6cb.Google Scholar
- (2015) Product and pricing decisions in crowdfunding. Marketing Sci. 34(3):331–345.Link, Google Scholar
- (2016) Is operating flexibility harmful under debt? Management Sci. 63(6):1730–1761.Link, Google Scholar
- Indiegogo (2011) Indiegogo insight: 87 percent of campaigns that reach their goal exceed it. Accessed June 30, 2019, https://go.indiegogo.com/blog.Google Scholar
- Kickstarter.com (2015) The Kickstarter fulfillment report. Accessed June 30, 2019, https://www.kickstarter.com/fulfillment.Google Scholar
- (2011) Handbook of Integrated Risk Management in Global Supply Chains, vol. 1 (John Wiley & Sons, New York).Crossref, Google Scholar
- (2012) Information acquisition through customer voting systems. INSEAD Working Paper No. 2013/99/TOM, INSEAD, Fontainebleau, France.Google Scholar
- (2017) The operational advantages of threshold discounting offers. Management Sci. 64(6):2690–2708.Link, Google Scholar
- (2015) Delivery rates on Kickstarter. Working paper, University of Pennsylvania, Philadelphia.Google Scholar
- (2016) Crowdfunding: A literature review and research directions. Brüntje D, Gajda O, eds. Crowdfunding in Europe (Springer, Cham, Switzerland), 25–53.Google Scholar
- (2016) Dynamic pricing in the presence of social learning and strategic consumers. Management Sci. 63(4):919–939.Link, Google Scholar
- Pebble Campaign (2012) Pebble: E-paper watch for iPhone and Android. Accessed June 30, 2019, https://www.kickstarter.com/projects/getpebble/pebble-e-paper-watch-for-iphone-and-android.Google Scholar
- (2018) Reward-based crowdfunding campaigns: Informational value and access to venture capital. Inform. Systems Res. 29(3):679–697.Link, Google Scholar
- (2017) Crowdfunding as a marketing tool. Working paper, University of Washington, Seattle.Google Scholar
- (2015) Video game Kickstarter disappears with over $30,000. Accessed June 30, 2019, https://www.kotaku.com.au/2015/09/video-game-kickstarter-disappears-with-over-30000/.Google Scholar
- (2017) A theory of crowdfunding: A mechanism design approach with demand uncertainty and moral hazard. Amer. Econom. Rev. 107(6):1430–1476.Crossref, Google Scholar
- (2014) Kickstarter changes rules so nobody runs off with your money. Accessed June 30, 2019, https://www.slashgear.com/kickstarter-changes-rules-so-nobody-runs-off-with-your-money-19347238/.Google Scholar
- (2017) Sourcing from suppliers with financial constraints and performance risk. Manufacturing Service Oper. Management 20(1):70–84.Link, Google Scholar
- (2008) Innovation contests, open innovation, and multiagent problem solving. Management Sci. 54(9):1529–1543.Link, Google Scholar
- (2017) popSLATE 2 iPhone e-ink case is no more, no refunds possible. Accessed June 30, 2019, https://www.slashgear.com/popslate-2-iphone-e-ink-case-is-no-more-no-refunds-possible-20479132/.Google Scholar
- The Verge (2018) Indiegogo will withhold certain crowdfunding campaigns' funds until they ship. Accessed 30 June 2019, https://www.theverge.com/circuitbreaker/2018/11/14/17995020/indiegogo-guaranteed-shipping-campaign-roll-out-crowdfunding.Google Scholar
- (2004) Banks vs. venture capital: Project evaluation, screening, and expropriation. J. Finance 59(2):601–621.Crossref, Google Scholar
- (2004) Joint production and financing decisions: Modeling and analysis. Working paper, Northwestern University, Evanston, IL.Google Scholar
- (2017) Revenue management in crowdfunding. Working paper, University of Pennsylvania, Philadelphia.Google Scholar

