Online Peer-to-Peer (P2P) loan auctions enable individual consumers to borrow and lend money directly to one another. We study herding behavior, defined as a greater likelihood of bidding in auctions with more existing bids, in P2P loan auctions on Prosper.com. The results of an empirical study...

While it is undisputed that 2016's “hot toy” was the Hatchimal, it is unclear how much shoppers paid for the toy in the secondary market or how resellers fared. Using data on 34,657 completed successful Hatchimal eBay auctions by 16,726 sellers between October 13 and December 24, 2016, I...