Showing 1 - 2 of 2
This chapter discusses structural econometric approaches to auctions. Remarkably, much of what can be learned from auction data can be learned without restrictions beyond those derived from the relevant economic model. This enables us to take a nonparametric perspective in discussing how the...
Persistent link: https://www.econbiz.de/10014024955
This paper outlines recently developed techniques for estimating the primitives needed to empirically analyze equilibrium interactions and their implications in oligopolistic markets. It is divided into an introduction and three sections; a section on estimating demand functions, a section on...
Persistent link: https://www.econbiz.de/10014024952