Kim, Dongwoo; Kim, Kyoo Il; Pal, Pallavi - 2026
This paper extends the incomplete model of Haile and Tamer (2003) from static English auctions to sequential English … auctions. Because bidders may wait for future opportunities, the static condition that bidders do not let rivals win at …-condition inversion estimator that pools auctions with heterogeneous bidder counts, mitigating finite-sample instability of order …