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Pricing in the online invoice trading market: First empirical evidence

Dorfleitner, Gregor ; Rad, Jacqueline ; Weber, Martina



Abstract

In recent years, online invoice trading has gained importance in providing SMEs with short-term financing. In this paper, we present first empirical evidence concerning the question whether the risk of payment difficulties is appropriately reflected in the pricing variables. To this end, we investigate predictors of default of online invoice trading platforms. We analyze both the probability of ...

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