HIGHLIGHTS
- who: Martin Walther from the 35, Berlin, Germany have published the paper: Observational learning and willingness to pay in equity crowdfunding, in the Journal: (JOURNAL)
- what: This study examines interdependencies between investments of equity crowdfunders. The authors focus on interdependencies between investments by considering several observables related to previous investments. The authors examine the factors that motivate investors to deviate from the typical investment behavior on a platform, particularly based on observing conspicuous previous investments. To address these, the authors develop testable hypotheses.
SUMMARY
Two of the most important questions entrepreneurs . . .
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