Identification, estimation, and testing in parametric empirical models of auctions within the independent private values paradigm

被引:58
作者
Donald, SG
Paarsch, HJ
机构
[1] UNIV WESTERN ONTARIO, DEPT ECON, LONDON, ON N6A 5C2, CANADA
[2] BOSTON UNIV, BOSTON, MA 02215 USA
关键词
D O I
10.1017/S0266466600006848
中图分类号
F [经济];
学科分类号
02 ;
摘要
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.
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页码:517 / 567
页数:51
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