Learning by Doing with Asymmetric Information: Evidence from Prosper.Com

By Seth Freedman, G. Jin. 2011

143 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance, Management Information Systems

View Paper: https://www.semanticscholar.org/paper/cb9f2daefa9be717a67441fbe7b5ff5750124fa7

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Citations in the corpus

Do fintech lenders penetrate areas that are underserved by traditional banks? (2018, background): “Jaffee and Russell (1976) and Stiglitz and Weiss (1981) explained how information asymmetries between borrowers and lenders can lead to a market equilibrium in which credit is rationed. Frame, Srinivasan, and Woosley (2001) and Einav, Jenkins, and Levin (2013) found that technologies such as credit ”
Prosocial Goal Pursuit in Crowdfunding: Evidence from Kickstarter (2019, unknown): “…goals affect whether, when, and how much backers contribute to a project, which is particularly valuable given that few empirical crowdfunding articles separately examine choice to fund and amount to fund (Burtch, Ghose, and Wattal 2013; Freedman and Jin 2011; Younkin and Kuppuswamy 2018).”
The economics of crowdfunding platforms (2015, unknown): “Freedman and Jin (2011) show that a lender on prosper.com is more likely not to fund another loan as a larger fraction of loans in her portfolio are late.”
Crowdfunding: Geography, Social Networks, and the Timing of Investment Decisions (2015, unknown): “Corresponding author Avi Goldfarb: University of Toronto, 105 St. George St. Toronto, ON M5S 3E6, agoldfarb@rotman.utoronto.ca, +1-416-946-8604 0”
Are Syndicates the Killer App of Equity Crowdfunding? (2015, background): “This signal drives further investments.(18) Thus, in a sense, potential funders use prior funding by others as a signal of the “wisdom of the crowd.”
Screening Peers Softly: Inferring the Quality of Small Borrowers (2016, background): “While Freedman and Jin (2010) find evidence of adverse selection due to informational problems faced by lenders in Prosper, they also find that social networks (endorsements by friends) can help alleviate these problems.”
Crowdfunding: An Industrial Organization Perspective (2010, background): “These platforms at times share some similarities with online lending markets (Everett, 2008; Freedman and Jin, 2010); while the latter more prominently target social entrepreneurship, crowdfunding platforms have a broader scope of entrepreneurial initiatives.”
Is Crowdfunding Different? Evidence on the Relation between Gender and Funding Success from a German Peer-to-Peer Lending Platform (2014, background): “Other studies that employ P2P-lending data to provide new insights into the lending business are Freedman and Jin (2011) and Puri et al. (2011).”
Crowdfunding: Tapping the Right Crowd (2014, background): “Several crowdfunding platforms have emerged recently, such as IndieGoGo, Kickstarter, and RocketHub, similar in spirit to online lending markets (Everett, 2008; Freedman and Jin, 2011; Hildebrand et al., 2013).”