Package Bidding is a practice by which a package of two or more items is sold off. We evaluate the practice of Package Bidding that was used to resolve the large number of failed thrifts in 1988. Our results, based on a data set from the quot;Class of 1988quot; that includes details of the...

Disagreement exists about the potential effects of changes in competition on relationship lending. Boot and Thakor (2000) predict that an increase in capital market competition should lead to a reduction in relationship lending; however, Dinç (2000) predicts that greater capital market...