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nonparametrically identified. In particular, the ratios of complementarities from multiple pairs of inputs are identified. Also, the …
Persistent link: https://www.econbiz.de/10011754942
Assortative Matching between workers and firms provides evidence of the complementarities or substitutes in production …. The presence of complementarities is important for policies that aim to achieve the optimal allocation of resources, for …
Persistent link: https://www.econbiz.de/10010746670
complementarities in agent valuations between objects, provided that complementarities are common across agents. We further investigate …
Persistent link: https://www.econbiz.de/10005704422
strengths and weaknesses of the literature, and so indicate where further research may be warranted. We discuss identification …
Persistent link: https://www.econbiz.de/10014024584
strengths and weaknesses of the literature, and so indicate where further research may be warranted. We discuss identification …
Persistent link: https://www.econbiz.de/10010270365
We study identification and estimation in first-price auctions with risk-averse bidders and selective entry, building … standard models as special cases. It poses, however, a unique methodological challenge - existing results on identification … restriction - on the copula governing selection into entry - is typically sufficient to restore point identification of all …
Persistent link: https://www.econbiz.de/10011445723
from a sequence of eBay auctions. First the aspect of bidding in a marketplace environment is developed. Form the simple … a "reservation bid" for low-price auctions. Extending results from the empirical auction literature and employing a …
Persistent link: https://www.econbiz.de/10010427474
from a sequence of eBay auctions. First the aspect of bidding in a marketplace environment is developed. Form the simple … a "reservation bid" for low-price auctions. Extending results from the empirical auction literature and employing a …
Persistent link: https://www.econbiz.de/10003412392
This paper considers nonparametric identification of a two-stage entry and bidding model for auctions which we call the … appealing candidate for the structural analysis of auctions with entry: it accommodates a wide range of entry processes, in …'s identification properties have not been well understood. We establish identification results for the general AS model, using …
Persistent link: https://www.econbiz.de/10009669595
Persistent link: https://www.econbiz.de/10010404634