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Herd Behavior Analysis in Crowdfunding Platforms in Mexico

  • David Arturo Romero García
  • , Leovardo Mata Mata*
  • , José Antonio Núñez Mora
  • *Corresponding author for this work
  • Universidad Anáhuac
  • Instituto Tecnologico de Estudios Superiores de Monterrey

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

Crowdfunding in Mexico constitutes an adequate alternative for financing business initiatives and projects at an early stage, since the electronic means through which this alternative is developed, substantially reduce the entry and operating costs of the anchoring platforms. In this context, the focus of this research is to evaluate the decision making of individuals when investing in a project, determining if it is carried out based on herd behavior. Consequently, it is expected to determine the relationship between the decision to select a crowdfunding investment project and the number of investors already integrated into the project.

Original languageEnglish
Title of host publicationEntrepreneurship and Regional Development
Subtitle of host publicationAnalyzing Growth Models in Emerging Markets
PublisherSpringer International Publishing
Pages67-90
Number of pages24
ISBN (Electronic)9783030455217
ISBN (Print)9783030455200
DOIs
StatePublished - 1 Jan 2020

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