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This handbook brings together the latest research on applied market design. It surveys matching markets: environments where there is a need to match large two-sided populations to one another, such as law clerks and judges or patients and kidney donors.
Game theory. --- Markets --- Statistical matching. --- Supply and demand. --- Mathematical models. --- Demand and supply --- Industrial production --- Law of supply and demand --- Economics --- Competition --- Exchange --- Overproduction --- Prices --- Value --- Concatenation, File (Statistics) --- Data fusion (Statistics) --- Data matching (Statistics) --- Data merging (Statistics) --- File concatenation (Statistics) --- Fusion, Data (Statistics) --- Imputation, Mass (Statistics) --- Mass imputation (Statistics) --- Matching, Data (Statistics) --- Matching, Statistical --- Merging, Data (Statistics) --- Microsimulation modeling (Statistics) --- Modeling, Microsimulation (Statistics) --- Sampling (Statistics) --- Public markets --- Commerce --- Fairs --- Market towns --- Games, Theory of --- Theory of games --- Mathematical models --- Mathematics --- Supply and demand --- Statistical matching --- Game theory --- E-books
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We use equity crowdfunding data to ask how fundraising amounts can be explained by what entrepreneurs ask for, versus what investors want to invest. The analysis exploits unique features of crowdfunding where entrepreneurs not only set investment goals, but also chose when to close their campaigns. More experienced and more educated founder teams ask for more. Their campaigns succeed more often, and they raise more money. Female teams ask for less, are equally successful, yet raise significantly less. They also wait longer before closing campaigns, suggesting they want to raise more than what they originally asked for.
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