Information Cascades and Threshold Implementation: Theory and An Application to Crowdfunding
收藏NBER2023-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w30820
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资源简介：
Economic interactions, such as crowdfunding, often involve sequential actions, observational learning, and contingent project implementation. We incorporate all-or-nothing thresholds in a canonical model of information cascades. Early supporters effectively delegate their decisions to a "gatekeeper,
提供机构：
美国国家经济研究局
创建时间：
2023-01-01
