Bidding behavior in a repeated procurement auction: A summary

被引：42

作者：

Jofre-Bonet, M

Pesendorfer, M

机构：

[1] Yale Univ, Dept Publ Hlth, New Haven, CT 06520 USA

[2] Yale Univ, Dept Econ, New Haven, CT 06520 USA

来源：

EUROPEAN ECONOMIC REVIEW | 2000年 / 44卷 / 4-6期

关键词：

auction; intertemporal effects; non parametric;

D O I：

10.1016/S0014-2921(00)00044-1

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper considers bidding behavior in a repeated procurement auction setting, We study highway procurement data for the state of California between December 1994 and October 1998. We consider a dynamic bidding model that takes into account the presence of intertemporal constraints such as capacity constraints, We estimate the model non-parametrically and assess the presence of dynamic constraints in bidding. (C) 2000 Elsevier Science B.V. All rights reserved. JEL classification: L0; D44.

引用

页码：1006 / 1020

页数：15

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