Marketplace lending relies on screening and information production by investors, a major deviation from the traditional … banking paradigm. Theoretically, the participation of sophisticated investors improves screening outcomes but also creates … develops, it optimally increases platform pre-screening intensity but decreases information provision to investors. Using novel …

We show that lenders join a U.S. commercial credit bureau when information asymmetries between incumbents and entrants …

response to the increasing difficulties of the credit system in financing a business system in which the intangible assets are … change of the actors involved in the credit relationship. …