In empirical analysis of economic games, researchers frequently wish to estimate quantities describing group outcomes, such as the expected revenue in an auction or the mean allocative efficiency in a market experiment. For such applications, we propose an improved statistical estimation...

No abstract.

We study a common value auction in which two bidders compete for an item the value of which is a function of three independent characteristics. Each bidder observes one of these characteristics, but one of them is 'naive' in the sense that he does not realize the other bidder's signal contains...

Social scientists have presented evidence that suggests discrimination is ubiquitous—across several heterogeneous labor markets, as well as product markets as diverse as home insurance and new car sales, women, nonwhites, and the elderly have been found to be the target of discriminatory...