Bank loans are more available and cheaper for new and small businesses in the U.S. in concentrated banking areas than … banks can reduce banks' screening probability by so much that the number of banks that actively compete in loan provisions … falls and the expected loan rate rises. This is the case when the screening cost is low, which induces all active bidders to …

the screening cost is high, in which case there are sufficiently many uninformed banks in bidding to attenuate the …Bank loans are more available and cheaper for new and small businesses in the U.S. in areas with highly concentrated … to an informed winner, an increase in the number of banks in the market can reduce banks' screening probability …

The outcome of non-binding reverse auctions critically depends on how information is distributed during the bidding …

when screening primarily improves the bank’s ability to identify profitable loans and when banks retain most of those … profitable loans. However, loan sales dampen screening incentives when the benefit of screening primarily helps to weed out …We analyze the effect of loan sales on the intensity of costly screening. Loan sales strengthen screening incentives …

inefficient and excessive screening of new borrowers when banks undertake transaction banking since each bank expects future … anticipated disadvantage, and improves the economic efficiency by alleviating the excessive screening. …

right hand, a measure of prenatal hormone exposure, is correlated with bidding behavior and total profits. 2D:4D has been … bidding or profits. Yet, our study raises an issue of ethnic differences with respect to 2D:4D. …