Modeling the Influence of Social Networks on Crowdfunding Projects
Résumé
This paper introduces a dynamic model designed to quantify the influence of local and global social networks on the success of crowdfunding campaigns. We analyze how social networks dynamically affect crowdfunding outcomes by spreading the campaign information across these networks over time. Under some assumptions of the interaction graph being homogeneous trees, we are able to mathematically characterize the expected number of contributors. Simulations show that the theoretical results are applicable even in randomly generated graphs.