explain overbidding in independent first-price private-values auctions. The experimental outcomes indicate that subjects …We conduct an experiment to test whether probability misperception may be a possible alternative to risk aversion to …-down significantly overbidding. The structural estimation of different behavioral models suggests that i) subjects are heterogenous with …

derived using a projection approach. We also propose generalized bounds tests for the regression parameters. These methods are … des coefficients de régression du modèle. Troisièmement, par une méthode de projection, on obtient des intervalles de …

which this can be done. The first one extends earlier work from Abdelkhalek and Dufour (1998) and is based on a projection … une extension des travaux de Abdelkhalek et Dufour (1998) et repose sur une technique de projection qui permet de …

alternative proposed statistics, bounds, projection, split-sampling, conditioning, Monte Carlo tests. The possibility of deriving … comprennent les différentes statistiques proposées, l'emploi de bornes, la subdivision d'échantillon, les techniques de projection …

be overcome by using projection techniques [Dufour (1997, Econometrica), Dufour and Jasiak (2001, International Economic … to the problem of building projection-based confidence sets from Anderson-Rubin-type confidence sets. The latter involves … ""conservative"" projection-based confidence sets are. Finally, we illustrate the methods proposed by applying them to three …