Early in the day research has mostly focused on pinpointing the standards that affect the brand new behavior out of borrowers and you will lenders
Toward borrower top, hard recommendations items such as for instance sex (Barasinska 2009), ages, race, mental possess (Sydnor and Kansas City installment loans bad credit Pope 2009; Pope and you may Sydnor 2011), financing size, borrower financial products (Collier and you may Hampshire 2010), credit scores, credit card explore, and you will borrower facts (Lin et al. 2009; Lin 2009; Serrano-Cinca mais aussi al. 2015) dictate if the people will standard on a loan. A great amount of soft information items including social networks (Lin mais aussi al. 2009; Lin 2009), association which have reputable groups (Lopez 2009; Lopez et al. 2009) and societal funding (Greiner and you can Wang 2009; Lin 2012; Zhang ainsi que al. 2017) including influence the brand new rate of success of financing, the mortgage rate of interest, and you can default decisions. Regarding the lender side, there were several training to the certain individual practices for example due to the fact herding (Herzenstein ainsi que al. 2011).
Literature opinion and lookup hypotheses
Although not, the present literary works generally targets online P2P systems throughout the All of us (elizabeth.g., Prosper) and also mainly forgotten including programs within the developing nations such as China. Scholars used P2P program investigation during the Asia to review the brand new feeling off platform details about on the web P2P credit deals and you will borrower/bank decisions (Wang et al. 2020) and also to test if or not buyer attention influences brand new get back when you look at the on the internet financing surroundings (The guy et al. 2020). Read more
