Behavioral Biases in Peer-to-Peer (P2P) Lending

Courtesy of Shahar Ayal, Daphna Bar-Haim and Moran Ofir Peer-to-Peer (P2P) lending refers to online marketplaces where lenders lend to individuals or small businesses. This rapidly expanding new source of credit eliminates the traditional financial intermediary and reduces financial exclusion by allowing more people to borrow and lend. At the same time, the replacement of […]