The recent developments in digital technologies (e-commerce, social media and networks, mobile computing, sensor technologies) have not only driven individuals to leave an increasingly long digital trace behind them, but have also made available the tools to assemble, harness and analyse large and complex datasets (so-called ‘Big data’). As a consequence, sellers now have expanded […]
Tag Archives | price discrimination
Crowdfunding: giving rewards or sharing profits?
By Paul Belleflamme 20 May 2014 0
As already explained on this blog, crowdfunding has recently emerged as a novel way of financing new ventures. The basic idea behind crowdfunding is simple: instead of raising funds from a small group of sophisticated investors, entrepreneurs try to obtain them through the Internet from a large audience (the so-called “crowd”), where each individual provides a […]