Nonparametric Tests for Common Values in First-Price Sealed-Bid Auctions
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Other versions of this item:
- Philip A. Haile & Han Hong & Matthew Shum, 2004. "Nonparametric Tests for Common Values in First-Price Sealed-Bid Auctions," Working Papers 2004.149, Fondazione Eni Enrico Mattei.
- Philip A. Haile & Han Hong & Matthew Shum, 2003. "Nonparametric Tests for Common Values at First-Price Sealed-Bid Auctions," NBER Working Papers 10105, National Bureau of Economic Research, Inc.
References listed on IDEAS
- Paarsch, Harry J., 1992. "Deciding between the common and private value paradigms in empirical models of auctions," Journal of Econometrics, Elsevier, vol. 51(1-2), pages 191-215.
- Wolak, Frank A, 1991. "The Local Nature of Hypothesis Tests Involving Inequality Constraints in Nonlinear Models," Econometrica, Econometric Society, vol. 59(4), pages 981-995, July.
More about this item
KeywordsFirst-price auctions; Common values; Private values; Nonparametric testing; Winner's curse; Stochastic dominance; Endogenous participation; Timber auctions;
- D4 - Microeconomics - - Market Structure, Pricing, and Design
- D8 - Microeconomics - - Information, Knowledge, and Uncertainty
- L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
- C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
- Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2003-12-07 (All new papers)
- NEP-ECM-2003-12-07 (Econometrics)
- NEP-MIC-2003-12-07 (Microeconomics)
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