Quantifying Learning and Competition among Crowdfunding Projects: Metrics and a Predictive Model

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

The performance of a crowdfunding project is highly situational-dependent. In this study, we quantify the interactions between crowdfunding projects in order to understand how these interactions can help predict the performance of crowdfunding campaigns. Specifically, we utilize Natural Language Processing (NLP) techniques to create a semi-automated system to label the associated product for each crowdfunding campaign. We also propose three sets of metrics to measure how crowdfunding projects learn from and compete with each other. Finally, we propose a machine learning model and demonstrate that the proposed metrics and the proposed model outperform other combinations when predicting the performance of crowdfunding projects.

Original languageEnglish (US)
Title of host publicationProceedings of the 56th Annual Hawaii International Conference on System Sciences, HICSS 2023
EditorsTung X. Bui
PublisherIEEE Computer Society
Pages3527-3536
Number of pages10
ISBN (Electronic)9780998133164
StatePublished - 2023
Event56th Annual Hawaii International Conference on System Sciences, HICSS 2023 - Maui, United States
Duration: Jan 3 2023Jan 6 2023

Publication series

NameProceedings of the Annual Hawaii International Conference on System Sciences
Volume2023-January
ISSN (Print)1530-1605

Conference

Conference56th Annual Hawaii International Conference on System Sciences, HICSS 2023
Country/TerritoryUnited States
CityMaui
Period1/3/231/6/23

All Science Journal Classification (ASJC) codes

  • General Engineering

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