Zhao Wang, Cuiqing Jiang, Huimin Zhao, and Yong DingINTRODUCTIONCredit risk refers to the risk of default on a loan that may arise from the borrower failing to make required repayments [3]. How to best evaluate the credit risk (i.e., loan default prediction) when making granting decision is understandably difficult. It is even harder in Peer-to-Peer (P2P) lending since most of the lenders in th...

Xianjin Du1, Meng Li2＊, Brian Wu31School of Management, Hefei University of Technology, Hefei, China2School of Business, Rutgers University, Camden, New Jersey3Ross School of Business, University of Michigan, Ann Arbor, Michigan1. INTRODUCTION Entrants have been identified as one important determinant of the market dynamic, especially the profitability of incumbents (McCann & Vroom, 2010; Kuma...