摘要
借贷利率是维持P2P网贷平台和行业稳定的内在纽带,它对我国利率市场化和互联网金融监管具有一定的参考价值。首先分析了我国P2P网贷平台的运营模式,然后构建贝叶斯均衡博弈模型来探讨不同利率定价机制对均衡交易利率的影响。研究结果发现,基于网贷交易双方博弈定价机制下的均衡交易利率通常高于平台自主定价模式。建议充分发挥P2P网贷平台在利率市场化进程中的正面效应,构建市场监督机制来鼓励该行业的良性发展。
This paper first analyzes the operation mode of China's P2P online lending platform,and then constructs a Bayesian equilibrium game model to explore the impact of different interest rate pricing mechanisms on equilibrium trading interest rates. The research results show that the equilibrium trading interest rate based on the game pricing mechanism of online lending transactions is usually higher than the platform independent pricing mode. This paper proposes to give full play to the positive effects of the P2 P online lending platform in the interest rate marketization process and build a market surveillance mechanism to encourage the benign development of the industry.
引文
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