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Return for Investors in Crowdfunding

Student: Iuliia Grebennikova

Supervisor: Victoria V. Dobrynskaya

Faculty: Faculty of Economic Sciences

Educational Programme: Joint HSE-NES Undergraduate Program in Economics (Bachelor)

Final Grade: 8

Year of Graduation: 2019

While there’s a lot of research on crowdfunding, especially on what drives products to succeed or how the funds are distributed, all that research mostly benefits campaign founders. There is surprisingly little research that would benefit campaign funders. In this paper I try to determine whether investors in reward-based crowdfunding take into account predictors of good returns, whether the returns are above average and what variables accessible during the campaign can help predict rewards.

Full text (added May 27, 2019)

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