{"title":"众筹中的奖励层级设计:避免致谢和优先推广","authors":"Liangchen Fan, Jin Qin, Yao Yao","doi":"10.1002/mde.4450","DOIUrl":null,"url":null,"abstract":"<div>\n \n <p>This study investigates how reward tier design impacts crowdfunding performance. We innovatively categorize reward tiers into three utilitarian types—basic, promotional, and one-dollar—and we consider hedonic acknowledgments of types public and personal. By analyzing data from 2471 Kickstarter projects (with 20,183 tiers), we find an inverted U-shaped relationship between the number of promotional tiers and fundraising performance. In contrast, offering more basic tiers or having a one-dollar tier hinders fundraising. Counterintuitively, neither public nor personal acknowledgments in reward tiers are positively related to the fundraising performance. These new insights provide guidance for practice in crowdfunding.</p>\n </div>","PeriodicalId":18186,"journal":{"name":"Managerial and Decision Economics","volume":"46 3","pages":"1520-1534"},"PeriodicalIF":2.5000,"publicationDate":"2024-12-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Design of Reward Tiers in Crowdfunding: Eschewing Acknowledgments and Prioritizing Promotion\",\"authors\":\"Liangchen Fan, Jin Qin, Yao Yao\",\"doi\":\"10.1002/mde.4450\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div>\\n \\n <p>This study investigates how reward tier design impacts crowdfunding performance. We innovatively categorize reward tiers into three utilitarian types—basic, promotional, and one-dollar—and we consider hedonic acknowledgments of types public and personal. By analyzing data from 2471 Kickstarter projects (with 20,183 tiers), we find an inverted U-shaped relationship between the number of promotional tiers and fundraising performance. In contrast, offering more basic tiers or having a one-dollar tier hinders fundraising. Counterintuitively, neither public nor personal acknowledgments in reward tiers are positively related to the fundraising performance. These new insights provide guidance for practice in crowdfunding.</p>\\n </div>\",\"PeriodicalId\":18186,\"journal\":{\"name\":\"Managerial and Decision Economics\",\"volume\":\"46 3\",\"pages\":\"1520-1534\"},\"PeriodicalIF\":2.5000,\"publicationDate\":\"2024-12-02\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Managerial and Decision Economics\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://onlinelibrary.wiley.com/doi/10.1002/mde.4450\",\"RegionNum\":3,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q2\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Managerial and Decision Economics","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1002/mde.4450","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
Design of Reward Tiers in Crowdfunding: Eschewing Acknowledgments and Prioritizing Promotion
This study investigates how reward tier design impacts crowdfunding performance. We innovatively categorize reward tiers into three utilitarian types—basic, promotional, and one-dollar—and we consider hedonic acknowledgments of types public and personal. By analyzing data from 2471 Kickstarter projects (with 20,183 tiers), we find an inverted U-shaped relationship between the number of promotional tiers and fundraising performance. In contrast, offering more basic tiers or having a one-dollar tier hinders fundraising. Counterintuitively, neither public nor personal acknowledgments in reward tiers are positively related to the fundraising performance. These new insights provide guidance for practice in crowdfunding.
期刊介绍:
Managerial and Decision Economics will publish articles applying economic reasoning to managerial decision-making and management strategy.Management strategy concerns practical decisions that managers face about how to compete, how to succeed, and how to organize to achieve their goals. Economic thinking and analysis provides a critical foundation for strategic decision-making across a variety of dimensions. For example, economic insights may help in determining which activities to outsource and which to perfom internally. They can help unravel questions regarding what drives performance differences among firms and what allows these differences to persist. They can contribute to an appreciation of how industries, organizations, and capabilities evolve.