A NONPARAMETRIC TEST FOR COMPARING VALUATION DISTRIBUTIONS IN FIRST-PRICE AUCTIONS.

This article proposes a nonparametric test for comparing valuation distributions in first-price auctions. Our test is motivated by the fact that two valuation distributions are the same if and only if their integrated quantile functions are the same. Our method avoids estimating unobserved valuation...

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Bibliographic Details
Published in:International Economic Review Vol. 58; no. 3; pp. 857 - 889
Main Authors: Liu, Nianqing, Luo, Yao
Format: Article
Published: Wiley-Blackwell Aug2017
Subjects:
Online Access:View this record in EBSCOhost