Crowdfunding has become a straightforward and efficient way to raise money. We use causal inference to test how three campaign design choices impact success.
Using data collected and processed from the kickstarter website, we analyse whether any of prior experience, a feature tag called "projects we love", and allowing a tiny ($1) minimum reward, increase chance of a campaign reaching its funding target.
Given the data was collected retrospectively this was an observational study. To justify strong ignorability ee performed propensity score matching on the covariates, and run hypothesis tests on the Average Treatment Effects.
For each of the three Kickstarter design features, we found very strong evidence that they caused an increase in the chance of a campaign reaching its funding goal. Sensitivity analysis suggests more covariates could bolster the causal claim.