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This study provides new identification and estimation results for ascending (traditional English or online) auctions with unobserved auction-level heterogeneity and an unknown number of bidders. When the seller's reserve price and two order statistics of bids are observed, we derive conditions...
Persistent link: https://www.econbiz.de/10012951890
Persistent link: https://www.econbiz.de/10011701573
This study provides new identification and estimation results for ascending (traditional English or online) auctions with unobserved auction-level heterogeneity and an unknown number of bidders. When the seller's reserve price and two order statistics of bids are observed, we derive conditions...
Persistent link: https://www.econbiz.de/10012455113
Persistent link: https://www.econbiz.de/10012204798
This study provides new identification and estimation results for ascending (traditional English or online) auctions with unobserved auction‐level heterogeneity and an unknown number of bidders. When the seller's reserve price and two order statistics of bids are observed, we derive conditions...
Persistent link: https://www.econbiz.de/10013382031