Bank loans are more available and cheaper for new and small businesses in the US in areas with highly concentrated … externality to an informed winner, an increase in the number of banks in the market can reduce banks' screening probability …

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 …

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

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 …

Bank loans are more available and cheaper for new and small businesses in the U.S. in concentrated banking areas than … 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 be …

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 …