Incentive and Coordination in the Two-Sided Market: Evidence from the P2P Lending Market

Table 7

Summary statistics.

Variable	Obs.	Mean	Std.	Min	Max	Med
Borrower	717	4906.496	7595.286	1	68114	1393
Lender	717	50012.85	57445.14	2	235533	10608
Lreturn	717	93.643	82.754	14.881	1170	60.172
Coupon	717	0.529	0.499	0	1	1
Interest	717	9.905	7.994	9	10.344	9.868
Month	717	25.306	9.39	7.994	36	29.835
Amount	717	68226.14	38517.03	1748.521	139886.8	80472.38
Bidamount	717	955.412	871.48	145.888	13000	619.397

Note. We identify participants for 717 days between January 2018 and December 2019 on Renrendai.com.