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Chapter 60 Nonparametric Approaches to Auctions
Athey, Susan; Haile, Philip A. - In: Handbook of econometrics : volume 6A, (pp. 3847-3965). 2007
auction data can be learned without restrictions beyond those derived from the relevant economic model. This enables us to … take a nonparametric perspective in discussing how the structure of auction models can be combined with observables to … uncover (or test hypotheses about) primitives of interest in auction markets. We focus on first-price sealed-bid and ascending …
Persistent link: https://www.econbiz.de/10014024955
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Screening Adaptive Cartels
Ortner, Juan M.; Chassang, Sylvain; Kawai, Kei; … - National Bureau of Economic Research - 2022
We propose an equilibrium theory of data-driven antitrust oversight in which regulators launch investigations on the basis of suspicious bidding patterns and cartels can adapt to the statistical screens used by regulators. We emphasize the use of asymptotically safe tests, i.e. tests that are...
Persistent link: https://www.econbiz.de/10013334437
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Analysing the C-band spectrum auctions for 5G in Europe : achieving efficiency and fair decisions in radio spectrum management
Kuś, Agnieszka; Massaro, Maria - In: Telecommunications policy : the international journal … 46 (2022) 4, pp. 1-22
Persistent link: https://www.econbiz.de/10013257597
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Fees, incentives, and efficiency in large double auctions
Jantschgi, Simon; Nax, Heinrich H.; Pradelski, Bary S. R.; … - 2022
-of these markets. Allowing for general fee structures, we show that their impact on incentives and efficiency in large Double … than the Double Auction. …
Persistent link: https://www.econbiz.de/10013040914
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Interactive effects between input and output technical inefficiencies
Esheba, Muna; Serletis, Apostolos - In: Macroeconomic dynamics 27 (2023) 4, pp. 1138-1165
Persistent link: https://www.econbiz.de/10014306716
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Consumer Demand with Social Influences : Evidence from an E-Commerce Platform
Caoui, El Hadi; Farronato, Chiara; Horton, John J.; … - National Bureau of Economic Research - 2022
For some kinds of goods, rarity itself is valued. "Fashionable'" goods are demanded in part because they are unique. In this paper, we explore the economics of rare goods using auctions of limited-edition shoes held by an e-commerce platform. We model endogenous entry and bidding in multi-unit...
Persistent link: https://www.econbiz.de/10013362005
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An allocatively efficient auction for pollution permits
Khezr, Peyman; Mackenzie, Ian A. - In: Environmental and resource economics 78 (2021) 4, pp. 571-585
Persistent link: https://www.econbiz.de/10012495351
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Bundling decisions for selling multiple items in online auctions
Huang, Yeu-Shiang; Yang, Min-Sheng; Ho, Jyh-Wen - In: Decision analysis : a journal of the Institute for … 19 (2022) 1, pp. 44-62
Persistent link: https://www.econbiz.de/10013184173
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The role of signals in online auction purchase decisions
Cypryjański, Jacek; Grzesiuk, Aleksandra - In: Folia oeconomica Stetinensia : FOS 15 (2015) 1, pp. 53-68
Persistent link: https://www.econbiz.de/10011625472
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Enhancing online auction transaction likelihood : a comprehensive data mining approach
Chen, Lei; Tu, Yanbin - In: International journal of e-business research : an … 15 (2019) 2, pp. 116-132
Persistent link: https://www.econbiz.de/10012007821