An economic analysis of disintermediation on crowdfunding platforms
Prosocial crowdfunding platforms can work through direct peer-to-peer (P2P) lending or through intermediaries, incurring different costs to borrowers and lenders. This study investigates the incentives of lenders and borrowers’ and how they would choose between the two types of platforms. We model t...
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Main Authors: | , , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2018
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Online Access: | https://ink.library.smu.edu.sg/sis_research/4244 https://ink.library.smu.edu.sg/context/sis_research/article/5247/viewcontent/Economic_Analysis_of_Disintermediation_on_Crowdfunding_Platform.pdf |
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Institution: | Singapore Management University |
Language: | English |