Identification, Estimation, and Testing in Parametric Empirical Models of Auctions within the Independent Private Values Paradigm

Abstract

Recent advances in the application of game theory to the study of auctions have spawned a growing empirical literature involving both experimental and field data. In this paper, we focus on four different mechanisms (the Dutch, English, first-price sealed-bid, and Vickrey auctions) within one of the most commonly used theoretical models (the independent private values paradigm) to investigate issues of identification, estimation, and testing in parametric structural econometric models of auctions.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 130 citations exist upstream.

Papers that cite the same references — the relational fallback while embeddings are still backfilling.