Lu Han|Jing Jian Xiao|Zhi Su
Financing knowledge, risk attitude and P2P borrowing in China
Central University of Finance and Economics|University of Rhode Island|Central University of Finance and Economics
abstract advance internet technology provided convenient market platform matching lending borrowing parties many consumers still hesitate use online borrowing better understand consumer behaviour online borrowing use nationally representative survey data china explore factors affecting consumer use one type online borrowing person person p2p borrowing empirical analyses find financing knowledge risk attitude two key factors associated p2p borrowing results show financing knowledge directly associated p2p borrowing risk attitude instrument variable associated p2p borrowing also given results effective way expand consumer internet borrowing market china enhance consumer financial literacy education