Hendricks, Kenneth (contributor); Pinkse, Joris (contributor) - 1999 - [Elektronische Ressource]
Bidding in First-Price, Symmetric,
Common Value Auctions*
By
Kenneth Hendricks, Joris Pinkse
Department of Economics … test of equilibrium bidding in a
common values model that is implemented using data on bids and ex post values. We compute …
In previous work, [7],[8], we test equilibrium bidding in models with asymmetric
information using drainage tract data …