Notification of Scientific Research Achievements: PhD Student Huang’s Research Results Published on ECR
announcer: 殳妮 release time: 2022-09-13 views: 10
Notification of Scientific Research Achievements: PhD Student Huang’s Research Results Published on ECR
In May 2022, our Ph.D. student Chengchen Huang’s research paper entitled “The role of expertise in herding behaviors: Evidence from a crowdfunding market”, is online published by Electronic Commerce Research (ECR). This is joint work by her advisor Prof. Dongyu Chen, Prof. De Liu (University of Minnesota), and Prof. Fujun Lai. ECR is an ABS-2 ranked journal with an impact factor of 3.747 in 2020.
This study provides a preliminary examination of the role that expertise plays in the debt-based crowdfunding market. Based on signaling theory and heuristic-systematic information processing theory, this paper demonstrates how seasoned investors and unseasoned investors interact with each other. It suggests that crowd wisdom should be extracted from experts rather than from crowds and points out a possible direction to optimizing the crowdfunding market.
