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Paarsch, H. J., and Hong, H.:An Introduction to the Structural Econometrics of Auction Data

โœ Scribed by Veronika Grimm


Book ID
106217727
Publisher
Springer Vienna
Year
2007
Tongue
English
Weight
66 KB
Volume
92
Category
Article
ISSN
1617-7134

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Harry J. Paarsch and Han Hong, An Introd
โœ Isabelle Perrigne ๐Ÿ“‚ Article ๐Ÿ“… 2010 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 72 KB

is the use of ascending auctions, which differ from the clock model developed by theorists. Analysts have circumvented this problem by either showing that the winning bid can be approximated as in the clock model or by developing an incomplete model as in Haile and Tamer (2003). Auctions on the web