• DocumentCode
    2865181
  • Title

    Trust and Trustworthiness in Online Credit Markets

  • Author

    Kuwabara, Ko ; Horne, Christine ; Anthony, Denise

  • Author_Institution
    Columbia Sch. of Bus., Columbia Univ., New York, NY, USA
  • fYear
    2011
  • fDate
    12-14 Dec. 2011
  • Firstpage
    974
  • Lastpage
    979
  • Abstract
    This project examines the role of ability and reliability in assessments of trustworthiness. Specifically, we use data from the lending website Prosper.com, an online marketplace for "peer-to-peer" lending, where potential borrowers post loan requests, and other individuals bid to loan all or part of the dollar amount requested. We examine how signals of financial ability to repay interact with signals of socially defined reliability to effect individual borrowing rates on Prosper.com.
  • Keywords
    Web sites; credit transactions; marketing data processing; peer-to-peer computing; security of data; financial ability; lending Web site Prosper.com; online credit market; online marketplace; peer-to-peer lending; socially defined reliability; trustworthiness; Business; Economic indicators; Educational institutions; Peer to peer computing; Reliability; USA Councils; Uncertainty; Peer-to-peer markets; reputation; trust;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Dependable, Autonomic and Secure Computing (DASC), 2011 IEEE Ninth International Conference on
  • Conference_Location
    Sydney, NSW
  • Print_ISBN
    978-1-4673-0006-3
  • Type

    conf

  • DOI
    10.1109/DASC.2011.161
  • Filename
    6118875