Narrow search
Showing 1 - 10 of 386
Cover Image
Reserve price effects in auctions : estimates from multiple RD designs
Choi, Syngjoo; Nesheim, Lars; Rasul, Imran - 2010
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 …
Persistent link: https://www.econbiz.de/10008688876
Cover Image
Nonparametric estimation of sponsored search auctions and impacts of ad quality on search revenue
Kim, Dongwoo; Pal, Pallavi - 2023
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 …
Persistent link: https://www.econbiz.de/10014226863
Cover Image
Microeconomic models with latent variables : applications of measurement error models in empirical industrial organization and labor economics
Hu, Yingyao - 2015
This paper reviews recent developments in nonparametric identi.cation of mea- surement error models and their applications in applied microeconomics, in particular, in empirical industrial organization and labor economics. Measurement error models describe mappings from a latent distribution to...
Persistent link: https://www.econbiz.de/10010469057
Cover Image
Estimating demand for differentiated products with error in market shares
Gandhi, Amit; Lu, Zhentong; Shi, Xiaoxia - 2013
In this paper we introduce a new approach to estimating a differentiated product demand system that allows for error in market shares as measures of choice probabilities. In particular, our approach allows for products with zero sales in the data, which is a frequent phenomenon that arises in...
Persistent link: https://www.econbiz.de/10009707190
Cover Image
Entry and competition effects in first-price auctions : theory and evidence from procurement auctions
Li, Tong (contributor); Zheng, Xiaoyong (contributor) - 2006
Persistent link: https://www.econbiz.de/10003359074
Cover Image
Nonparametric estimation of sponsored search auctions and impact of Ad quality on search revenue
Kim, Dongwoo; Pal, Pallavi - 2024
nonparametric estimators. Using Yahoo! search auction data, we estimate value distributions and study the bidding behavior across …
Persistent link: https://www.econbiz.de/10015053799
Cover Image
An optimal test for strategic interaction in social and economic network formation between heterogeneous agents
Pelican, Andrin; Graham, Bryan S. - 2022
Consider a setting where N players, partitioned into K observable types, form a directed network. Agents' preferences over the form of the network consist of an arbitrary network benefit function (e.g., agents may have preferences over their network centrality) and a private component which is...
Persistent link: https://www.econbiz.de/10013201996
Cover Image
The welfare effects of promotional fees
Myśliwski, Mateusz; Sanches, Fabio M.; Silva Junior, Daniel - 2020 - This draft: July 9, 2020
Manufacturers frequently pay fees to supermarkets when they temporarily reduce prices of their products. These funds are used by supermarkets to cover the costs of promotional campaigns and to compensate reductions in markups during promotions. Anecdotal evidence suggests that these fees are...
Persistent link: https://www.econbiz.de/10012241869
Cover Image
Misclassification and the hidden silent rivalry
Hu, Yingyao; Lin, Zhongjian - 2018
The interaction of economic agents is one of the most important elements in economic analyses. While most empirical studies investigate peer effects on objective final achievements, peer effects on subjective outcomes are inherently difficult to identify and estimate because these variables are...
Persistent link: https://www.econbiz.de/10011788366
Cover Image
Non-parametric transformation regression with non-stationary data
Linton, Oliver; Wang, Qiying - 2013
We examine a kernel regression smoother for time series that takes account of the error correlation structure as proposed by Xiao et al. (2008). We show that this method continues to improve estimation in the case where the regressor is a unit root or near unit root process.
Persistent link: https://www.econbiz.de/10009734305