作者：Lee, Hau; Tang, Christopher; Yang, S. Alex; Zhang, Yuxuan
作者单位：Stanford University; University of California System; University of California Los Angeles; University of London; London Business School; University of International Business & Economics
摘要：Problem definition: The paper focuses on an innovative bank-intermediated trade finance contract, which we call dynamic trade finance (DTF, under which banks dynamically adjust loan interest rates as an order passes through different steps in the trade process). We examine the value of DTF, the impact of process uncertainties, and the associated information frictions on this value and the strategic interaction between DTF and FinTech. Academic/practical relevance: As more than 30% of global tr...
作者：Dong, Yan; Song, Sining; Zou, Fan
作者单位：University of South Carolina System; University of South Carolina Columbia; University of Tennessee System; University of Tennessee Knoxville
摘要：Problem definition: Recent developments in mobile payment services (MPS) have shown an increasing role of mobile-government (m-government) initiatives in improving the market performance of mobile network operators (MNOs) and financial inclusion. High costs and operational challenges have discouraged MNOs from fully committing to the development of MPS, but government involvement under m-government may increase MNO user bases by providing the scale and scope necessary to incentivize MNOs. Acad...
