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Conclusion

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  • Ana Odorović

    (Universität Hamburg)

Abstract

The overarching contribution of this study is a systematic account of the subtle interplay between market-based and regulatory solutions to information asymmetry in the crowdfunding market. It sheds light on long-standing debates in the law and economics literature concerning the limits of markets and the appropriate degree of legal intervention, using the unique case of crowdfunding—a setting in which largely unrestricted market forces have shaped market outcomes. The findings also contribute to the law and finance literature by examining the emergence, performance, and optimal regulation of new intermediaries in finance. Finally, the study adds to the growing body of empirical research on crowdfunding by analysing platform self-regulation and the effects of tailored rules on market outcomes. This chapter summarises these contributions and outlines directions for future research.

Suggested Citation

  • Ana Odorović, 2025. "Conclusion," International Law and Economics,, Springer.
    • Handle: RePEc:spr:intchp:978-3-032-04118-0_7
    DOI: 10.1007/978-3-032-04118-0_7
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