• DocumentCode
    2370252
  • Title

    Better off or worse off: An economic analysis of online P2P lending market

  • Author

    Tan, Jun ; De Silva, Dakshina G.

  • Author_Institution
    Sch. of Economic Inf. Eng., Southwestern Univ. of Finance & Econ., Chengdu, China
  • fYear
    2011
  • fDate
    25-27 June 2011
  • Firstpage
    1
  • Lastpage
    3
  • Abstract
    Online P2P lending market as an emerging market makes it convenient and fast to transact between borrowers and lenders. This paper is intended to study the market efficiency of online P2P lending market by examining welfare status of participants who borrow money in online P2P lending market. The paper establishes a game model between borrower and lender, the results suggest that lending interest rate is not only a cost of borrowing money for borrower, also it can figure out the status of borrowers´ welfare.
  • Keywords
    financial data processing; game theory; peer-to-peer computing; economic analysis; game model; online P2P lending market; Economic indicators; Games; Information systems; Investments; Peer to peer computing; Social network services; game; market efficiency; online P2P lending;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Service Systems and Service Management (ICSSSM), 2011 8th International Conference on
  • Conference_Location
    Tianjin
  • ISSN
    2161-1890
  • Print_ISBN
    978-1-61284-310-0
  • Type

    conf

  • DOI
    10.1109/ICSSSM.2011.5959502
  • Filename
    5959502