Team rivalry and lending on crowdfunding platforms: an empirical analysis

Artikel

Background: Prosocial crowdfunding helps the underprivileged obtain non-profit seeking loans from multitudinous lenders. Some platforms introduce team competition to motivate member participation and may thus induce team rivalry. Methods: We investigate how team rivalry affects lending decisions using data from Kiva.org. We argue that a rivalry relationship may engage teams to compete directly against rivals by lending to the same project or prevent them from doing so because they intend not to cooperate. Result: We find that a team is less likely to lend to a project that has received funding from its rival team, suggesting that rival teams tend to avoid cooperation. Conclusions: We discuss the implications of our findings for crowdfunding and competition-based motivation mechanisms in general.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Financial Innovation ; ISSN: 2199-4730 ; Volume: 2 ; Year: 2016 ; Issue: 17 ; Pages: 1-8 ; Heidelberg: Springer

Classification and Topics

• Classification: Management
• Subject: Crowdfunding ; Prosocial lending ; Rivalry relationship ; Lending decision

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Ge, Ling ; Luo, Xuechen
• Event: Veröffentlichung
• (who): Springer
• (where): Heidelberg
• (when): 2016

Further information

• DOI: doi:10.1186/s40854-016-0035-8
• Handle: http://hdl.handle.net/10419/176427
• Last update: 10.03.2025, 11:46 AM CET