Aiming for the Goal: Contribution Dynamics of Crowdfunding
---- Acknowledgments ----
We thank Heski Bar-Isaac, Dirk Bergemann, Alessandro Bonatti, Luis Cabral, Judy Chevalier, Sylvain Chassang, Jonathan Feinstein, Simone Galperti, Gary Gorton, Marina Halac, Johannes Hörner, Sjaak Hurkens, T. Tony Ke, George Mailath, Leslie Marx, Barry Nalebuff, Jacopo Perego, Larry Samuelson, Jiwoong Shin, Roland Strausz and K. Sudhir for helpful discussions and comments. We also thank seminar participants at the Berlin Microeconomic Theory Seminar, the Columbia/Duke/MIT/Northwestern IO Theory Conference, Barcelona Summer GSE, IIOC, Kellogg School of Management, the Marketing Science conference, the Munich ORG Seminar, NYU Stern IO Day, Rice University, the SICS conference, University of Utah, the Yale Microeconomic Theory Lunch, and the Yale SOM Faculty Seminar. Finally, we thank the Yale School of Management for financial support and the Yale Center for Research Computing for providing the computational resources used for this project. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.