Search results for "Funding"
showing 10 items of 130 documents
"Rational herding in crowdfunding, social preferences under uncertainty, and overplacement in known and unknown tasks: a behavioral approach"
2020
It has been proved in this dissertation how experimental economics continues to be a tool that, as it nourishes theoretical economics (and viceversa), it keeps producing results that are necessary to understand how to articulate social relations which, ultimately, have consequences oneconomic relations. Specifically, Chapter 1 has studied how the dissemination of new information affects crowdfunding markets and the generation of herding behaviour. Specifically, we provide evidence in that such behaviour is rational and could be well moulded through optimal choice under uncertainty with Bayesian review of beliefs. In this sense, the effect of the first sponsors on the agents# behaviour has b…
Finnish cultural policy as public funding: Regime view across policy domains
2022
Public funding is a key part of Nordic cultural policy. This article approaches the Finnish cultural policy regime from the perspective of state funding, which can be seen as a direct demonstration of public cultural policy. We perform an empirical investigation of the state funding for cultural activities using budget data from 2019 supplemented with information given by altogether 53 public officials representing Finnish ministries. Thus, we examine Finnish cultural policy as a public policy through the different governmental policy domains that support and govern artistic and cultural activities with public finances. Cultural support is investigated as a substantive policy aspect of diff…
Sustainable financing through crowdfunding
2019
The phenomenon of crowdfunding has been widely studied, while the sustainability of crowdfunded ventures is attracting growing interest from academia and society. In light of this interest, we conducted bibliometric analysis to study the relationship between crowdfunding and crowdfunded ventures&rsquo
More is not always better—non-linear effects in crowdfunding
2019
Abstract This research focuses on crowdfunding project features and its relation with the success of this project. The main purpose is to improve probability of success of crowdfunding projects. One can argue that “more is always better” resulting in attempts of daily updates. Contrarily, backers may be weary of numerous updates to work through, indicating a possible wear-out effect, implying the existence of an optimal level of updates. Our preliminary results show that previous research, built upon linear modeling, widely ignores important aspects of the relationship between key variables. We therefore picked six key variables that were previously marked as success drivers in crowdfunding…
Appunti sul lending-based crowdfunding nel Reg. UE 2020/1503
2022
Lending-based crowdfunding (LBC), in the large and tumultuous galaxy of crowdfunding, is the least fully disciplined and maybe the most problematic sector. Regulation n. 2020/1503 of the European Parliament and of the Council of 7 October 2020, on European providers of crowdfunding services for businesses, gives now a definition and significantly detailed discipline of the LBC, alongside the more widely known and regulated figure of investment-based crowdfunding (IBC). The essay takes some notes on this new text, also in view of the task of national Legislators and Authorities of introducing a domestic discipline on the LBC, consistent with the new framework of harmonization at EU level.
ICO Crowdfunding: Incentives, Pricing Strategy, Token Strategy and Crowd Involvement
2020
AbstractBlockchain technologies provide means to develop services that are secure, transparent and efficient by nature. Unsurprisingly, the emerging business opportunities has gained a lot of interest that is realized in form of successful Initial Coin Offerings (ICOs) that are able to raise billions of USD through crowdfunding campaign. In this exploratory research we study 91 ICOs through content analysis in order to investigate the special characteristics of ICO crowdfunding as business models towards the possible investors. We found that ICOs can be described through (1) the model for providing incentives for investment, (2) the pricing strategy, (3) the token strategy and (4) the activ…
A gloss to the Supreme Administrative Court judgement of 17 July 2018 (II GSK 844/18)
2020
yrok, którego dotyczy glosa, prezentuje przełomowe stanowisko Naczelnego Sądu Administracyjnego, w którym sąd uznał, że decyzja Ministra Zdrowia w przedmiocie odmo-wy udzielenia zgody na refundację leku zawierającego medyczną marihuanę narusza prawa pacjenta w zakresie wyboru skutecznej metody leczenia, podczas gdy inne konwencjonalne metody okazały się nieskuteczne. W ocenie sądu ewentualne wątpliwości – zarówno co do wykładni przepisów dotyczących ochrony zdrowia, jak i oceny stanu faktycznego konkretnej sprawy – rozstrzygać należy na rzecz ochrony życia i zdrowia ludzkiego. Leczenie prepa-ratami zawierającymi medyczną marihuanę wpisuje się w nurt in dubio pro vita humana.
Guidelines on enhanced recovery after pulmonary lobectomy
2021
International audience; Objective : To establish recommendations for optimisation of the management of patients undergoing pulmonary lobectomy, particularly Enhanced Recovery After Surgery (ERAS).Design : A consensus committee of 13 experts from the French Society of Anaesthesia and Intensive Care Medicine (Soci,t, franOaise d'anesth,sie et de r,animation, SFAR) and the French Society of Thoracic and Cardiovascular Surgery (Soci,t, franOaise de chirurgie thoracique et cardiovasculaire, SFCTCV) was convened. A formal conflict-of-interest policy was developed at the onset of the process and enforced throughout. The entire guidelines process was conducted independently of any industry funding.…
Rational Herding in Reward-Based Crowdfunding: An MTurk Experiment.
2020
Crowdfunding is gaining popularity as a way of financing social sustainable initiatives. We performed a controlled economic experiment in MTurk by simulating a crowdfunding platform and developed a theoretical model that rationalizes herding behavior. The experiment was designed to test and quantify the causal effects of revealing specific information to prospective backers: (i) the number of early contributors already financing the project and (ii) positive opinions of other backers versus those of experts. The results show that early contributions to the campaign and positive opinions of peers act as a reinforcing signal to potential backers and affect backers&rsquo
Following the money? : Performance based funding and the changing publication patterns of Finnish academics
2020
Research on how performance-based funding influences the behaviour and performance of academics is limited in Europe. In this study, we investigate the changing publication patterns among Finnish academics associated with the introduction of awarding funding for publications within specific journals in the national performance-based funding model. We find evidence, particularly in the social sciences, and to a lesser extent humanities, that Finnish academics increasingly target international (English-language) publication outlets and lower-tiered journals. We conclude discussing the possible long-term implications of the current funding formula for both Finnish academia and society. peerRev…