scholarly journals Corrigendum to: The Wisdom of Crowds in FinTech: Evidence from Initial Coin Offerings

2021 ◽  
Keyword(s):  
Wisdom Of Crowds ◽  
Initial Coin Offerings ◽  
The Wisdom Of Crowds

scholarly journals The Wisdom of Crowds in FinTech: Evidence from Initial Coin Offerings

2021 ◽  
Author(s):  
Jongsub Lee ◽  
Tao Li ◽  
Donghwa Shin
Keyword(s):  
Career Concerns ◽  
Wisdom Of Crowds ◽  
Diverse Group ◽  
Oxford University ◽  
Long Run ◽  
Diverse Backgrounds ◽  
Editorial Decision ◽  
Published Paper ◽  
Initial Coin Offerings ◽  
The Wisdom Of Crowds

Abstract Certification by analysts on a FinTech platform that harnesses the “wisdom of crowds” is associated with successful initial coin offerings (ICOs). We show that favorable ratings by a group of analysts with diverse backgrounds positively predict fundraising success and long-run token performance. Analysts’ ratings also help detect potential fraud ex ante. We document that analysts have career concerns and are incentivized by the platform to issue informative ratings. Overall, our results suggest that a market-based certification process that relies on a diverse group of individuals is at play in financing blockchain startups. (JEL D82, G11, G24, G32, G34, L26). Received February 25, 2021; editorial decision July 7, 2021 by Editor Andrew Ellul. Authors have furnished an Internet Appendix, which is available on the Oxford University Press Web site next to the link to the final published paper online.

The wisdom of crowds

Physics World ◽  
2010 ◽  
Vol 23 (04) ◽  
pp. 41-41
Keyword(s):  
Wisdom Of Crowds ◽  
The Wisdom Of Crowds

The wisdom of crowds design for sensitive survey questions

2019 ◽  
Vol 57 ◽  
pp. 99-109
Author(s):  
Roni Lehrer ◽  
Sebastian Juhl ◽  
Thomas Gschwend
Keyword(s):  
Wisdom Of Crowds ◽  
Survey Questions ◽  
The Wisdom Of Crowds
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