讲座：Experiments in credit and asset markets
题 目：Experiments in credit and asset markets
嘉 宾：包郑扬 助理教授 厦门大学经济学院
主持人：李淑雯 助理教授 上海交通大学安泰经济与管理学院
地 点：上海交通大学 徐汇校区安泰楼A503室
We followed 58,345 borrowers from a peer-to-peer lending platform to study how women and men react to enforcement mechanisms differently. In the experiment, borrowers were randomized into treatments where they received different text messages urging for timely repayment if they had loans due the next day. Compared to a reminder message, the messages inducing social pressures and financial incentives reduced the overdue rate for both genders. However, women were more responsive to messages producing social pressures, while men were more responsive to financial incentives. The results imply the potential importance of a gender-dependent mechanism to enhance compliance.
Dr. Bao is an assistant professor at Xiamen University. He is interested in behavioral and experimental finance and economics. Dr. Bao uses lab and field experiments to study the effect of practices and policies in financial markets. Before joining Xiamen University, Dr. Bao received a Ph.D. in Economics from Monash University.