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Zaiyan Wei

Zaiyan Wei

Assistant Professor of Management
Management Information Systems


Ph.D. in Economics, The University of Arizona
M.A. in Economics, Shanghai University of Finance and Economics
B.A. in Economics, Shanghai Jiao Tong University


Zaiyan Wei is an assistant professor in the Krannert School of Management at Purdue University. He is a faculty affiliate with the Krenicki Center for Business Analytics and Machine Learning and Purdue FinTech Center. He also serves as an academic committee member of Xinyuan FinTech Research Center in the PBC School of Finance at Tsinghua University. His research focuses on the economics of information systems with specific topics covering FinTech, platform economics, and social media and networks. Zaiyan's papers have been published in leading academic journals such as Management Science, Information Systems Research, and Production and Operations Management. His working papers were nominated for or won best paper awards in international conferences such as the Conference on Information Systems and Technology (CIST) and China Summer Workshop on Information Management (CSWIM). Zaiyan has won several grants (e.g., Marketing Science Institute Grant) and served as an ad hoc grant/award judge for Alden G. Clayton Doctoral Dissertation Competition and Israel Science Foundation. Prior to joining the faculty at Purdue, he obtained his Ph.D. in economics in 2015 and was a research associate in the Department of MIS at the University of Arizona.

Journal Articles

  • Alyakoob, M., Rahman, M., & Wei, Z. (2021). Where You Live Matters: Local Bank Competition, Online Marketplace Lending, and Disparity in Borrower Benefits. Information Systems Research, vol. 32 (4), 1390-1411. | Related Website |
  • Wei, Z., Xiao, M., & Rong, R. (2021). Network Size and Content Generation on Social Media Platforms. Production and Operations Management, vol. 30 (5), 1406-1426. | Related Website |
  • Liu, X., Wei, Z., & Xiao, M. (2020). Platform Mispricing and Lender Learning in Peer-to-Peer Lending. Review of Industrial Organization, vol. 56 (2), 281-314. | Related Website |
  • Wang, Y., Goes, P., Wei, Z., & Zeng, D. (2019). Production of Online Word-of-Mouth: Peer Effects and the Moderation of User Characteristics. Production and Operations Management, vol. 28 (7), 1621-1640. | Related Website |
  • Wei, Z. & Lin, M. (2017). Market Mechanisms in Online Peer-to-Peer Lending. Management Science, vol. 63 (12), 4236-4257. | Related Website |

Forthcoming Publications

  • Chen, W., Wei, Z., & Xie, K. (2022). The Battle for Homes: How Does Home Sharing Disrupt Local Residential Markets?. Management Science, | Related Website |
  • Chen, W., Wei, Z., & Xie, K. (2021). Regulating Professional Players in Peer-to-Peer Markets: Evidence from Airbnb. Management Science, | Related Website |
  • Lu, K., Wei, Z., & Chan, T. (2021). Information Asymmetry among Investors and Strategic Bidding in Peer-to-Peer Lending. Information Systems Research, | Related Website |
  • Image of rising home prices

    What Does Airbnb Do to the Local Housing Market? Make It Less Affordable

    Home-sharing platforms, particularly Airbnb, have enjoyed tremendous growth over the last decade, as property owners have capitalized on the opportunity to offer rooms, apartments and entire homes to travelers seeking short-term rentals. The proliferation of Airbnb properties has sparked criticism that Airbnb hosts are snatching up homes that would otherwise be listed in the residential rental or housing market, thus reducing supply and driving up prices.

    Full story: What Does Airbnb Do to the Local Housing Market? Make It Less Affordable

  • lending computer key

    Research shows disparity in borrower benefits between local banks and online lenders

    The proliferation of online marketplace lending has been disrupting the consumer credit market, giving borrowers increased options for consolidating debt and building credit. Although marketplace lenders like the Lending Club, Prosper and others can transcend the geographic boundaries of traditional banks, the ultimate benefits to marketplace borrowers can still differ because local opportunities to replace marketplace loans vary.

    Full story: Research shows disparity in borrower benefits between local banks and online lenders

  • Awards Announced in MSI Research Grant Competition

    The Marketing Science Institute (MSI) recently announced 15 winners in the 2018-2020 Research Priorities Research Grant Competition. Launched in 2018 to seed research pertaining to MSI’s research priorities, the competition drew 74 submissions from leading researchers on topics including consumer trust, digital ads, privacy, AI, and machine learning. Among the winners was a proposal titled "Regulating Professional Players on Peer-to-Peer Platforms: Evidence from Airbnb" that was co-authored by Prof. Zaiyan Wei from the Purdue University Krannert School of Management.

    Full story: Awards Announced in MSI Research Grant Competition

  • Technologies Disruption of Markets

    Zaiyan Wei discusses emergence of financial technologies and how they disrupt financial markets

  • Under Review

    It should come as no surprise that online product reviews correlate closely with purchasing decisions and sales, making them increasingly important to the bottom line of companies with online retailing platforms. However, what is the incentive for individual consumers who post their feedback and opinions on products?

  • online reviews

    Professor Zaiyan Wei discusses his research on online reviews and the correlation to sales with Krannert Dean David Hummels.

2015, Nominee for the Best Paper Award, Conference on Information Systems and Technology (CIST)

2016, Purdue Research Foundation (PRF) Grant

2017, Best Paper Award, 11th China Summer Workshop on Information Management (CSWIM)

2017, Nominee for the Best Reviewer Award, 11th China Summer Workshop on Information Management (CSWIM)

2018, Best Paper Runner-Up, 12th China Summer Workshop on Information Management (CSWIM)

2019, Marketing Science Institute (MSI) Grant

2020, Management Science Meritorious Service Award

2022, Krannert Faculty Fellow Award

2022, Krannert STAR Supplement Grant

Chair of the FinTech Cluster in 2022 INFORMS Annual Meeting (2022)

Co-Chair of 2022 Conference on Information Systems and Technology (CIST) (2022)

Financial Technologies (FinTech) Committee (2021)

MBA/Weekend MBA Committee (2019 - 2020)

Digital Footprint Committee (2018)

Graduate Club Oversight Committee (2017)

Faculty Recruiting Committee (2015, 2017)

PhD Admission Committee (2015 - 2017)

Phone: (765) 494-5958
Office: RAWL 4028

Quick links

Personal website

Area(s) of Expertise

Economics of information systems, FinTech, Platform economics, Social media and networks