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We use debt crowdfunding data to examine how borrowers' writing style is associated with lender and borrower behavior. Controlling for credit and auction characteristics, lenders bid more aggressively, are more likely to fund, and charge lower rates to borrowers whose writing is more readable,...
Persistent link: https://www.econbiz.de/10012856664
This paper explores search behavior of online shoppers. Information economics literature suggests that search cost in electronic markets has essentially been reduced to zero as consumers are able to use powerful search tools, free of charge, to easily find and compare product and shopping...
Persistent link: https://www.econbiz.de/10012751709
The Internet has become the primary source of information for a large number of consumers. Thus, search engines as the mediators between consumers and online information is an increasingly important topic of research. The present study contributes specifically to the research in consumer search...
Persistent link: https://www.econbiz.de/10014048006