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Platform Mispricing and Lender Learning in Peer-to-Peer Lending |
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| Authors: | Liu Xinyuan Wei Zaiyan Xiao Mo |
| Institution: | 1.Eller College of Management, University of Arizona, 1130 E Helen St, Tucson, AZ, 85721, USA ;2.Krannert School of Management, Purdue University, 100 Grant St, West Lafayette, IN, 47907, USA ; |
| Abstract: | Review of Industrial Organization - We document how online lenders exploit a flawed, new pricing mechanism in a peer-to-peer lending platform: Prosper.com. Switching from auctions to a posted-price... |
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| 本文献已被 SpringerLink 等数据库收录！ | |