A novel function of live streaming is that viewers can send paid gifts to broadcasters. In addition, viewers can engage with broadcasters by sending danmaku, a type of comment scrolled across the screen in real time. This paper investigates the role of viewers' social interaction in paid gifting...

Microcredit refers to small loans to borrowers who typically lack collateral, steady employment, or a verifiable credit history. It is designed not only for start-ups but also for individuals. The microcredit industry is experiencing fast growth in China. In contrast with traditional loans,...

Discrete choice model is probably one of the most popularly used statistical methods in practice. The common feature of this model is that it considers the behavioral factors of a person and the assumption of independent individuals. However, this widely accepted assumption seems problematic...