{"id":14365,"date":"2020-11-25T11:50:16","date_gmt":"2020-11-25T08:50:16","guid":{"rendered":"https:\/\/w3.bilkent.edu.tr\/en\/?p=14365"},"modified":"2020-11-30T17:45:11","modified_gmt":"2020-11-30T14:45:11","slug":"man-seminar-is-kindness-the-magical-spell-the-role-of-information-and-reciprocity-in-revenue-sharing-crowdfunding-behrooz-pourghannad-5pm-november-30-en","status":"publish","type":"post","link":"https:\/\/w3.bilkent.edu.tr\/en\/man-seminar-is-kindness-the-magical-spell-the-role-of-information-and-reciprocity-in-revenue-sharing-crowdfunding-behrooz-pourghannad-5pm-november-30-en\/","title":{"rendered":"MAN Seminar: \u201cIs Kindness the Magical Spell? The Role of Information and Reciprocity in Revenue-sharing Crowdfunding\u201d, Behrooz Pourghannad, 5PM November 30 (EN)"},"content":{"rendered":"<div class=\"moz-text-html\" lang=\"x-unicode\">\n<p>\u201cIs Kindness the Magical Spell? The Role of Information and Reciprocity in Revenue-sharing Crowdfunding\u201d<br \/>\nBy<\/p>\n<p>Behrooz Pourghannad<br \/>\nUniversity of Minnesota<\/p>\n<p>Date: 30 November 2020, Monday<br \/>\nTime: 17:00-18:00<\/p>\n<p>MAN Meeting Room MR-104 is inviting you to a scheduled Zoom meeting.<\/p>\n<p>Zoom Meeting<br \/>\nTo request the event link, please contact to the department.<\/p>\n<p>Abstract: We consider an entrepreneur funding his project via a revenue-sharing crowdfunding campaign. The early investor (insider) has a social tie with the entrepreneur and is informed about the future revenue of the entrepreneur\u2019s project. The investor who arrives later (outsider) is uninformed about the future revenue of the entrepreneur\u2019s project and makes an investment after observing the insider\u2019s investment. The insider has reciprocity toward the entrepreneur and considers both her own payoff as well as the entrepreneur\u2019s payoff in making her investment decision. We \ufb01nd that if the reciprocity is higher than a threshold, the separating equilibrium may not exist, and the insider cannot signal the future project\u2019s revenue via distorting her investment. Moreover, when the separating equilibrium exists, surprisingly, information asymmetry improves investors\u2019 surplus.<\/p>\n<p>Brief Bio of presenter: Behrooz Pourghannad is a postdoctoral fellow at the Institute for Mathematics and its Application (University of Minnesota) and the Kern Center for the Science of Health Care Delivery (Mayo Clinic). Behrooz\u2019s research focuses on business model innovation, healthcare, and supply chain management. Behrooz\u2019s research draws on several methodologies including game theory, laboratory experiments, and machine learning. Behrooz\u2019s research has been recognized with several awards including INFORMS Aviation Application, IBM Service Science, and POMS College of Behavior in Operations Management Junior Scholar Paper Competition. His papers have been published in Production and Operations Management and Transportation Science and his more recent works are under revision at Manufacturing &amp; Service Operations Management. Behrooz received a B.S. degree in Industrial Engineering from Azad University, an M.A. in Mathematics from Sabanci University, an M.A. in Business Administration from the University of Michigan, and a Ph.D. in Industrial Engineering from the University of Minnesota.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u201cIs Kindness the Magical Spell? The Role of Information and Reciprocity in Revenue-sharing Crowdfunding\u201d By Behrooz Pourghannad University of Minnesota Date: 30 November 2020, Monday Time: 17:00-18:00 MAN Meeting Room MR-104 is inviting you to a scheduled Zoom meeting. Zoom Meeting To request the event link, please contact to the [\u2026] <\/p>\n<div class=\"clear\"><\/div>\n<p><a class=\"more_link clearfix\" href=\"https:\/\/w3.bilkent.edu.tr\/en\/man-seminar-is-kindness-the-magical-spell-the-role-of-information-and-reciprocity-in-revenue-sharing-crowdfunding-behrooz-pourghannad-5pm-november-30-en\/\" rel=\"nofollow\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-14365","post","type-post","status-publish","format-standard","hentry","category-oldposts"],"_links":{"self":[{"href":"https:\/\/w3.bilkent.edu.tr\/en\/wp-json\/wp\/v2\/posts\/14365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/w3.bilkent.edu.tr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/w3.bilkent.edu.tr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/w3.bilkent.edu.tr\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/w3.bilkent.edu.tr\/en\/wp-json\/wp\/v2\/comments?post=14365"}],"version-history":[{"count":1,"href":"https:\/\/w3.bilkent.edu.tr\/en\/wp-json\/wp\/v2\/posts\/14365\/revisions"}],"predecessor-version":[{"id":14366,"href":"https:\/\/w3.bilkent.edu.tr\/en\/wp-json\/wp\/v2\/posts\/14365\/revisions\/14366"}],"wp:attachment":[{"href":"https:\/\/w3.bilkent.edu.tr\/en\/wp-json\/wp\/v2\/media?parent=14365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/w3.bilkent.edu.tr\/en\/wp-json\/wp\/v2\/categories?post=14365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/w3.bilkent.edu.tr\/en\/wp-json\/wp\/v2\/tags?post=14365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}