Estimation in English auctions with unobserved heterogeneity.

We propose a framework for identification and estimation of a private values model with unobserved heterogeneity from bid data in English auctions, using variation in the number of bidders across auctions, and extend the framework to settings where the number of bidders is not cleanly observed in ea...

Full description

Bibliographic Details

Published in:	RAND Journal of Economics (Wiley-Blackwell) Vol. 51; no. 3; pp. 868 - 905
Main Authors:	Hernández, Cristián, Quint, Daniel, Turansick, Christopher
Format:	Article
Published:	Wiley-Blackwell Sep2020
Subjects:	Heterogeneity Auctions Bidders
Online Access:	View this record in EBSCOhost