Cadsby, C. Bram; Du, Ninghua; Song, Fei; Yao, Lan - Department of Economics and Finance, College of … - 2014
We experimentally investigate a new variant of the trust/investment game that captures some key features of internet peer-to-peer (P2P) lending: the borrower specifies the amount of money required and makes a contingent promise about the value of the generally higher repayment prior to the...