DocumentCode
1868626
Title
Do Lenders Make Optimal Decisions in a Peer-to-Peer Network?
Author
Krumme, Katherine ; Herrero-Lopez, Sergio
Volume
1
fYear
2009
fDate
15-18 Sept. 2009
Firstpage
124
Lastpage
127
Abstract
We examine the behavior of lenders in a large peer-to-peer lending network and find that, while there exists high variance in risk-taking between individuals, many transactions represent sub-optimal decisions on the part of lenders. Additionally, some borrowers remain underserved by failing to adjust requested rates and loan amounts. We discuss implications and suggest avenues for improvement.
Keywords
Banking; Conferences; Economic indicators; Intelligent agent; Intelligent networks; Laboratories; Peer to peer computing; Social implications of technology; Social network services; USA Councils; Social network; marketplace; peer-to-peer lending;
fLanguage
English
Publisher
iet
Conference_Titel
Web Intelligence and Intelligent Agent Technologies, 2009. WI-IAT '09. IEEE/WIC/ACM International Joint Conferences on
Conference_Location
Milan, Italy
Print_ISBN
978-0-7695-3801-3
Electronic_ISBN
978-1-4244-5331-3
Type
conf
DOI
10.1109/WI-IAT.2009.24
Filename
5286087
Link To Document