Using a unique sample of comparable online and in-person loan transactions, we study the determinants of arm's-length and inside lending focusing on the differential information content across debt types. We find that soft private information primarily underlies relationship lending whereas hard...

As average tariff rates have fallen, countries have increasingly turned to GATT-sanctioned ``special protection'' - especially antidumping duties - to restrict imports when import volumes increase suddenly. In this paper, I analyze a model of dumping among imperfectly competitive firms that face...

This note provides a proper example for the mechanism of strategic complementarities proposed in our paper. ; Original paper in Review of Economic Studies, January 2000, v. 67, no.1, p. 79–90.