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The Information Value of Online Social Networks: Lessons from Peer-to-Peer Lending

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NBER2014-01-01 更新2025-01-04 收录
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We examine whether social networks facilitate online markets using data from a leading peer-to-peer lending website. We find that borrowers with social ties are consistently more likely to have their loans funded and receive lower interest rates; however, most borrowers with social ties are more

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2014-01-01
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