Abstract | ||
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•We examine the relationship between prior cumulative biddings and current biddings in P2P market.•We using hourly panel data and divide lenders' biddings into manual and auto biddings.•Lenders herd when we control for the percentage funded and time-limit effects.•Find evidence support both rational and irrational herding exist in P2P lending markets. |
Year | DOI | Venue |
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2017 | 10.1016/j.elerap.2017.04.001 | Electronic Commerce Research and Applications |
Keywords | Field | DocType |
Herding,Information asymmetry,Irrational herding,P2P lending,Rational herding | Loan,Financial economics,Information asymmetry,Computer science,Inference,Commerce,Irrational number,Herding,Herd | Journal |
Volume | ISSN | Citations |
23 | 1567-4223 | 4 |
PageRank | References | Authors |
0.44 | 4 | 2 |
Name | Order | Citations | PageRank |
---|---|---|---|
Ke Zhang | 1 | 75 | 21.74 |
Xiaoxue Chen | 2 | 10 | 2.88 |