Herd Behavior and Its Effects on Default in Chinese Microcredit

<table class="table-group" id="tab2"><tr><td><table class="table"><tr><td class="thead-hr" colspan="3"><hr/></td></tr><tr class="thead"><td class="align_left"> </td><td class="align_center">Kaiser–Meyer–Olkin measure of sampling adequacy</td><td class="align_center">0.698</td></tr><tr><td class="thead-hr" colspan="3"><hr/></td></tr><tr><td class="align_left" rowspan="3">Bartlett test of sphericity</td><td class="align_center">Approximate chi square</td><td class="align_center">240121.092</td></tr><tr><td class="align_center">D<i>f</i></td><td class="align_center">149</td></tr><tr><td class="align_center">Sig</td><td class="align_center">0.001</td></tr><tr class="table-tr"><td colspan="3"><hr class="tbody-hr"/></td></tr></table></td></tr></table>

<div>Results of KMO and Bartlett tests.</div>

Complexity

tab2

Table 2

Table 2: Herd Behavior and Its Effects on Default in Chinese Microcredit 