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The paper presents a framework for estimating a demand system from price data generated by a large scale auction platform such as eBay. Auction prices are used to identify characteristics of the joint distribution using an order statistics like approach where the bidder's "revealed preference"...
Persistent link: https://www.econbiz.de/10014200223
On October 27, 2005, the Bureau of Economics at the Federal Trade Commission hosted a roundtable on the Economics of Internet Auctions. This one-day conference brought together academic experts, industry professionals and government economists to discuss and learn about Internet auctions. This...
Persistent link: https://www.econbiz.de/10014026941