Auction econometrics by least squares

Detalhes bibliográficos
Autor(a) principal: Rezende, Leonardo
Data de Publicação: 2004
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Institucional do FGV (FGV Repositório Digital)
Texto Completo: http://hdl.handle.net/10438/12647
Resumo: This paper proposes a method to structurally estimate an auction model using a variation of OLS, under commonly held assumptions in both auction theory and econometrics. In spite of its computational simplicity, the method applies to a wide variety of environments, including interdependent values in general, and certain forms of endogenous participation and bidder asymmetry. Furthermore, it can be used for hypotheses testing about the shape of the valuation distribution, valuation interdependence, or existence of bidder asymmetry.
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spelling Rezende, LeonardoEscolas::EPGEFGV2014-12-02T10:59:42Z2014-12-02T10:59:42Z2004-07-15http://hdl.handle.net/10438/12647This paper proposes a method to structurally estimate an auction model using a variation of OLS, under commonly held assumptions in both auction theory and econometrics. In spite of its computational simplicity, the method applies to a wide variety of environments, including interdependent values in general, and certain forms of endogenous participation and bidder asymmetry. Furthermore, it can be used for hypotheses testing about the shape of the valuation distribution, valuation interdependence, or existence of bidder asymmetry.engEscola de Pós-Graduação em Economia da FGVSeminários de pesquisa econômica da EPGE;Todo cuidado foi dispensado para respeitar os direitos autorais deste trabalho. Entretanto, caso esta obra aqui depositada seja protegida por direitos autorais externos a esta instituição, contamos com a compreensão do autor e solicitamos que o mesmo faça contato através do Fale Conosco para que possamos tomar as providências cabíveisinfo:eu-repo/semantics/openAccessAuction econometrics by least squaresinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleEconomiaLeilões - Modelos econômicosEconometriareponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVORIGINAL000346688.pdf000346688.pdfapplication/pdf277156https://repositorio.fgv.br/bitstreams/1c84995e-62ed-4c12-97c2-35b9aa19670e/download8784703da2de13b6bdf2b1cc7fbd2e1dMD51LICENSElicense.txtlicense.txttext/plain; charset=utf-84707https://repositorio.fgv.br/bitstreams/2a029c73-e408-4c9b-bd15-7115f580203a/downloaddfb340242cced38a6cca06c627998fa1MD52TEXT000346688.pdf.txt000346688.pdf.txtExtracted 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dc.title.eng.fl_str_mv Auction econometrics by least squares
title Auction econometrics by least squares
spellingShingle Auction econometrics by least squares
Rezende, Leonardo
Economia
Leilões - Modelos econômicos
Econometria
title_short Auction econometrics by least squares
title_full Auction econometrics by least squares
title_fullStr Auction econometrics by least squares
title_full_unstemmed Auction econometrics by least squares
title_sort Auction econometrics by least squares
author Rezende, Leonardo
author_facet Rezende, Leonardo
author_role author
dc.contributor.unidadefgv.por.fl_str_mv Escolas::EPGE
dc.contributor.affiliation.none.fl_str_mv FGV
dc.contributor.author.fl_str_mv Rezende, Leonardo
dc.subject.area.por.fl_str_mv Economia
topic Economia
Leilões - Modelos econômicos
Econometria
dc.subject.bibliodata.por.fl_str_mv Leilões - Modelos econômicos
Econometria
description This paper proposes a method to structurally estimate an auction model using a variation of OLS, under commonly held assumptions in both auction theory and econometrics. In spite of its computational simplicity, the method applies to a wide variety of environments, including interdependent values in general, and certain forms of endogenous participation and bidder asymmetry. Furthermore, it can be used for hypotheses testing about the shape of the valuation distribution, valuation interdependence, or existence of bidder asymmetry.
publishDate 2004
dc.date.issued.fl_str_mv 2004-07-15
dc.date.accessioned.fl_str_mv 2014-12-02T10:59:42Z
dc.date.available.fl_str_mv 2014-12-02T10:59:42Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
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dc.identifier.uri.fl_str_mv http://hdl.handle.net/10438/12647
url http://hdl.handle.net/10438/12647
dc.language.iso.fl_str_mv eng
language eng
dc.relation.ispartofseries.por.fl_str_mv Seminários de pesquisa econômica da EPGE;
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.publisher.none.fl_str_mv Escola de Pós-Graduação em Economia da FGV
publisher.none.fl_str_mv Escola de Pós-Graduação em Economia da FGV
dc.source.none.fl_str_mv reponame:Repositório Institucional do FGV (FGV Repositório Digital)
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collection Repositório Institucional do FGV (FGV Repositório Digital)
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