Showing 1 - 10 of 25
Multiattribute auctions extend traditional auction settings to allow negotiation over nonprice attributes such as weight, color, and terms of delivery, in addition to price and promise to improve market efficiency in markets with configurable goods. This paper provides an iterative auction...
Persistent link: https://www.econbiz.de/10009214638
Persistent link: https://www.econbiz.de/10005158390
Persistent link: https://www.econbiz.de/10006641868
Persistent link: https://www.econbiz.de/10008214249
Persistent link: https://www.econbiz.de/10006245093
Persistent link: https://www.econbiz.de/10007095065
Persistent link: https://www.econbiz.de/10009842253
We propose a model for demand estimation in multi-agent, differentiated product settings and present an estimation algorithm that uses reversible jump MCMC techniques to classify agents' types. Our model extends the popular setup in Berry, Levinsohn and Pakes (1995) to allow for the data-driven...
Persistent link: https://www.econbiz.de/10010859133
Persistent link: https://www.econbiz.de/10005020734
Persistent link: https://www.econbiz.de/10006158886