摘要P2P网络借贷是基于互联网平台实现的个人与个人间的小额借贷交易。自2007年进入我国，短短几年间，已经发展成为炙手可热的朝阳行业。这种不同于传统商业银行信贷及民间借贷的新型贷款模式，满足了资金双方的需求，成为传统金融体系的有益补充。但是，与当前P2P行业蒸蒸日上景象伴生的，却是诈骗、跑路、倒闭、坏账等平台问题的频频出现，这揭示了P2P网贷市场平均风险较高的事实。其主要原因是P2P网络借贷中各参与方的信息不对称容易衍生出逆向选择和道德风险。51492

本文在总结国内外的研究成果后，先概述P2P网络借贷的定义特点、发展历程、发展现状和大势，总结发现P2P网络借贷明显存在信息不对称问题；然后分析信息不对称衍生出的逆向选择和道德风险，在基础性的数理模型下分析其作用机理；最后，针对性提出一些风险防范启示，辅以“陆金所”的简单案例分析，提供可供借鉴的实际风控操作，且从借贷双方、网贷平台、P2P行业三方面横向总结P2P网络借贷模式风险防范的具体政策建议。

Abstract： P2P (Online Peer to Peer Lending), is a microfinance transactions between inpiduals and inpiduals based on Internet platform. Since enter China in 2007, the domestic P2P online lending has become a hot sunny industry just a few years. This new loan pattern which is different from the traditional commercial bank credit and informal lending, meets the demand of both sides of the loan, and becomes the beneficial complementarity of the traditional financial system. But, problems like fraud, escape, bankrupt and bad debt appear continually associated with the current thriving scene of P2P. It reveals the fact that the risk of P2P network credit market is high on average. The main reason is that each participant of P2P network credit is easy to derive the adverse selection and moral hazard in the asymmetric information.

Based on the previous research results and asymmetric information theory, the paper respectively analyzes the effect mechanism of adverse selection risk and moral hazard derived from asymmetric information, supplemented by a simple model. It also makes a simple analysis on LUFAX, and summarizes its risk control measures for reference. Putting forward some creative credit risk prevention paths on P2P online lending form the revelations concluded from above study.

毕业论文关键词：P2P网络借贷；风险防范； 信息不对称； 逆向选择； 道德风险

Keyword: ； P2P Online Lending； Risk Control； Asymmetric Information Theory； Adverse Selection； Moral Hazard

目    录

一、引言                                                                      4

（一）研究背景及意义                                                         4

（二）研究的主要内容                                                         4

（三）拟解决的主要问题                                                       5

（四）研究方法和技术路线                                                     5

二、相关文献综述                                                              6