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Does Soft Information in Expert Ratings Curb Information Asymmetry? Evidence from Crowdfunding and Early Transaction Phases of Initial Coin Offerings
This paper examines the role of soft information in reducing information asymmetry in ICO markets. Expert ratings normally contain two …
Tong Wang, Sheng Zhao, Mengqiu Zhou
Does Soft Information in Expert Ratings Curb Information Asymmetry? Evidence from Crowdfunding and Early Transaction Phases of Initial Coin Offerings
Is solicitation status related to rating conservatism and rating quality?
This paper discusses the association between rating solicitation status and rating quality. Our model shows that if firms with a …
Sheng Zhao, Moreira, Fernando, Tong Wang
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Is solicitation status related to rating conservatism and rating quality?
Why does regional information matter? evidence from peer-to-peer lending
In this paper, we study regional discrimination in a peer-to-peer lending scenario and provide novel empirical evidence for theories of …
Tong Wang, Sheng Zhao, Xin Shen
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Why does regional information matter? evidence from peer-to-peer lending
Assortative Matching and Risk Sharing
This paper explores the sorting patterns in a two-sided matching market where agents facing different risks match to share them. When …
Sanxi Li, Hailin Sun, Tong Wang, Jun Yu
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Assortative Matching and Risk Sharing
Non-Obviousness and Screening
The paper offers a novel justification for the non‐obviousness patentability requirement. An innovation involves two stages,research …
Zonglai Kou, Patrick Rey, Tong Wang
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Non-Obviousness and Screening