auction outcomes. To establish causality, we exploit multiple discontinuities in the relationship between reserve prices and … vehicle characteristics to present RD estimates of reserve price effects on auction outcomes. Our first set of results show … that, in line with the robust predictions of auction theory, an increase in reserve price decreases the number of bidders …

models describe mappings from a latent distribution to an observed distribution. The identification and estimation of …

demand estimation techniques. Although we find that error in market shares generally undermine the standard point …

nonparametric estimators. Using Yahoo! search auction data, we estimate value distributions and study the bidding behavior across …

information' assumption. The ad value is characterized by a tractable analytical solution given observed auction parameters. Using … Yahoo! search auction data, we estimate value distributions and study the bidding behavior across product categories. We …

We study identification and estimation in first-price auctions with risk-averse bidders and selective entry, building …