The paper presents conditions for non-parametric identification of a joint distribution when the marginal distributions are identified and the joint distribution is partially identified. Specifically, the paper considers the problem of estimating a J-dimensional Roy Model and shows that the...

Using bid data from 8,000 new and used Chevrolet Corvettes sold on eBay, this paper empirically tests Akerlof's (1970) hypothesis that the used car market is characterized by low quality and informational problems. The hypothesis states that the used market has a higher proportion of low quality...

This paper presents five empirical tests of the popular modeling abstraction that assumes bids from online auctions with proxy bidding can be analyzed “as if” they were bids from a second price sealed-bid auction. The tests rely on observations of the magnitudes and timings of the top two...

On October 27, 2005, the Bureau of Economics at the Federal Trade Commission hosted a roundtable on the Economics of Internet Auctions. This one-day conference brought together academic experts, industry professionals and government economists to discuss and learn about Internet auctions. This...

The paper presents conditions for non-parametric identification of a joint distribution when the marginal distributions are identified and the joint distribution is only identified for a subset of the domain. This result is applied to sealed bid auctions where bidders face competing auctions for...