We study the online market for peer-to-peer (P2P) lending, in which individuals bid on unsecured microloans sought by other individual borrowers. Using a large sample of consummated and failed listings from the largest online P2P lending marketplace, Prosper.com, we find that the online...

Technology-driven commerce channels, such as the Web, possess several unique features that differentiate them from traditional channels. The interaction between firms operating across these differentiated channels involves interesting competitive dynamics that cannot be captured by isolated...

It has become widely accepted that information technology (IT) has had a profound influence on market transactions, with lower search costs for buyers often considered the key to lower prices and higher consumer welfare. However, sellers also use online channels to search for buyers whose...

Because of the difficulties often experienced in formulating and understanding large-scale models, much current research is directed towards developing systems to support the construction and understanding of management science models. This paper discusses eight different methods for...

Computer systems play an increasingly important role in modern enterprises. Such systems represent a major investment, and their performance has major effects on profitability, utilization and user satisfaction. Much effort is therefore directed at the efficient management of these systems, and...

This paper describes some rules for combining component models into complete linear programs. The objective is to lay the foundations for systems that give users flexibility in designing new models and reusing old ones, while, at the same time, providing better documentation and better...

The motivation for this paper is a problem faced by banks which process large volumes of deposited checks. The checks must be separated by bank number before shipment to the Federal Reserve or other banks. The sorting is usually accomplished using a reader-sorter which reads the magnetic ink...