Identification in first-price and Dutch auctions when the number of potential bidders is unobservable

• 成果类型: Article
• 署名作者: Shneyerov, Artyom; Wong, Adam Chi Leung
• 署名单位: Universite de Montreal; Concordia University - Canada; Shanghai University of Finance & Economics; Concordia University - Canada
• 刊物名称: GAMES AND ECONOMIC BEHAVIOR
• ISSN/ISSBN: 0899-8256
• DOI: 10.1016/j.geb.2010.10.011
• 发表日期: 2011
• 页码: 574-582
• 关键词: Nonparametric identification; auctions

摘要

Within the IPV paradigm, we show nonparametric identification of model primitives for first-price and Dutch auctions with a binding reserve price and auction-specific, unobservable sets of potential bidders. (C) 2010 Elsevier Inc. All rights reserved.