Blockchain, DLT and Fintech

Loading...

Media is loading
 

Paper Type

Short

Paper Number

2522

Description

This paper studies the impact of a policy of opening the platform's data to banks. This makes banks in a better position to compete with the platform, and some firms benefit from cheaper loans due to increased competition of financial service. However, our model shows that it might harm the platform ecosystem, and small firms can no longer get loans. We analyze the welfare of firms under different policies, and the optimal policy for the social planner. In the full paper, we will study the policy implications related to the economic circumstance in greater depth, as well as how different policies affect the incentive of the platform to generate data.

Share

COinS
 
Dec 14th, 12:00 AM

Platform Ecosystems, Fintech, and Data

This paper studies the impact of a policy of opening the platform's data to banks. This makes banks in a better position to compete with the platform, and some firms benefit from cheaper loans due to increased competition of financial service. However, our model shows that it might harm the platform ecosystem, and small firms can no longer get loans. We analyze the welfare of firms under different policies, and the optimal policy for the social planner. In the full paper, we will study the policy implications related to the economic circumstance in greater depth, as well as how different policies affect the incentive of the platform to generate data.

When commenting on articles, please be friendly, welcoming, respectful and abide by the AIS eLibrary Discussion Thread Code of Conduct posted here.