Showing 31 - 40 of 140
We explore existence and properties of equilibrium when N ≥ 2 bidders compete for L ≥ 2 objects via simultaneous but separate auctions. Bidders have private combinatorial valuations over all sets of objects they could win, and objects are complements in the sense that these valuations are...
Persistent link: https://www.econbiz.de/10012904156
It is commonplace that the data needed for econometric inference are not contained in a single source. In this paper we analyze the problem of parametric inference from combined individual-level data when data combination is based on personal and demographic identifiers such as name, age, or...
Persistent link: https://www.econbiz.de/10012972537
This paper proposes an approach to proving nonparametric identification for distributions of bidders' values in asymmetric second-price auctions. I consider the case when bidders have independent private values and the only available data pertain to the winner's identity and the transaction...
Persistent link: https://www.econbiz.de/10013148175
Persistent link: https://www.econbiz.de/10012311079
It is commonplace that the data needed for econometric inference are not contained in a single source. In this paper we analyze the problem of parametric inference from combined individual-level data when data combination is based on personal and demographic identifiers such as name, age, or...
Persistent link: https://www.econbiz.de/10011884494
Persistent link: https://www.econbiz.de/10011820034
Most empirical and theoretical econometric studies of dynamic discrete choice models assume the discount factor to be known. We show the knowledge of the discount factor is not necessary to identify parts, or even all, of the payoff function. We show the discount factor can be generically...
Persistent link: https://www.econbiz.de/10011994584
Persistent link: https://www.econbiz.de/10010941000
Businesses routinely rely on econometric models to analyze and predict consumer behavior. Estimation of such models may require combining a firm's internal data with external datasets to take into account sample selection, missing observations, omitted variables and errors in measurement within...
Persistent link: https://www.econbiz.de/10009416814
This paper proposes an approach to proving nonparametric identification for distributions of bidders' values in asymmetric second-price auctions. I consider the case when bidders have independent private values and the only available data pertain to the winner's identity and the transaction...
Persistent link: https://www.econbiz.de/10008631363