Alberto Manconi
@amanconi.bsky.social
…just realized I misspelled Nicola’s family name (I suspect it was the autocorrect) - it is, of course, Pavanini!
July 9, 2025 at 6:56 PM
…just realized I misspelled Nicola’s family name (I suspect it was the autocorrect) - it is, of course, Pavanini!
At the same time, the welfare value of moving closer to a traditional bank paradigm, where the intermediary bears liquidity risk, depends on the extent of liquidity risk itself and on lender (depositor) risk aversion. 5/5
July 9, 2025 at 6:44 PM
At the same time, the welfare value of moving closer to a traditional bank paradigm, where the intermediary bears liquidity risk, depends on the extent of liquidity risk itself and on lender (depositor) risk aversion. 5/5
We use the model to simulate counterfactuals, and our results suggest that the shift away from the old peer-to-peer credit paradigm was welfare improving. 4/5
July 9, 2025 at 6:44 PM
We use the model to simulate counterfactuals, and our results suggest that the shift away from the old peer-to-peer credit paradigm was welfare improving. 4/5
To answer that question, we develop a structural model of online debt crowdfunding and estimate it on data from a Chinese online credit platform. 3/5
July 9, 2025 at 6:44 PM
To answer that question, we develop a structural model of online debt crowdfunding and estimate it on data from a Chinese online credit platform. 3/5
Many online marketplaces have a peer-to-peer (p2p) nature. Online credit also used to have an important p2p component; but over time it has resurrected many features of traditional financial intermediation. Why? 2/5
July 9, 2025 at 6:44 PM
Many online marketplaces have a peer-to-peer (p2p) nature. Online credit also used to have an important p2p component; but over time it has resurrected many features of traditional financial intermediation. Why? 2/5
Totally compatible with being in Europe - and please do feel free to join, @gaborbekes.bsky.social!
March 25, 2025 at 8:04 AM
Totally compatible with being in Europe - and please do feel free to join, @gaborbekes.bsky.social!
Reposted by Alberto Manconi
Overall, it looks to me like many online participants mistakenly thought that the mirrors -involved- risk, and this confusion caused the main results.
The new comment by Banki, Simonsohn, Walatka, and Wu looks to be serious work. It’s changed my mind.
The new comment by Banki, Simonsohn, Walatka, and Wu looks to be serious work. It’s changed my mind.
February 7, 2025 at 1:59 AM
Overall, it looks to me like many online participants mistakenly thought that the mirrors -involved- risk, and this confusion caused the main results.
The new comment by Banki, Simonsohn, Walatka, and Wu looks to be serious work. It’s changed my mind.
The new comment by Banki, Simonsohn, Walatka, and Wu looks to be serious work. It’s changed my mind.