Newly edited volume on crowdfunding

Cumming, Douglas, and Lars Hornuf, eds. The Economics of Crowdfunding: Startups, Portals and Investor Behavior. Palgrave Macmillan, 2018.   I also found the recent works of Venkat Kuppuswamy highly relevant and interesting such as: Kuppuswamy, Venkat and Bayus, Barry L., (2018) "Crowdfunding Creative Ideas: The Dynamics of Project Backers in Kickstarter" in The Economics of Crowdfunding: Startups, … Continue reading Newly edited volume on crowdfunding

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Participants ≠ Population in on-demand services, and an example from architecture

In a recent co-authored paper, we conceptually and technically characterize the simple idea that the participants in every on-demand crowdsourcing setting have a choice to participate and they only compete with the rest agents who also choose to participate (as opposed to the whole population). Since participation is a decision of the players themselves who … Continue reading Participants ≠ Population in on-demand services, and an example from architecture

Sweepstakes, promotion campaigns and ideation contests

Contests are competitions in which participants perform some actions to compete in exchange for some rank-based benefits. Similar to sports or scientific competitions that take place in the physical world, organizations host online, crowdsourcing contests as a form of eliciting inputs from a large and diverse customer or user base. I emphasize the role of … Continue reading Sweepstakes, promotion campaigns and ideation contests