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This paper proposes an approach to proving nonparametric identification for distributions of bidders’ values in asymmetric second-price auctions. I consider the case when bidders have independent private values and the only available data pertain to the winner’s identity and the transaction...
Persistent link: https://www.econbiz.de/10011757066
Consider the problem of minimizing the expected cost of identifying the state of a coherent system (as "functioning" or "failed"). The system is composed of components (that either fail or work), and only individual components can be tested. Efficient algorithms are presented for some special...
Persistent link: https://www.econbiz.de/10009203785
This paper proposes an approach to proving nonparametric identification for distributions of bidders' values in asymmetric second-price auctions. I consider the case when bidders have independent private values and the only available data pertain to the winner's identity and the transaction...
Persistent link: https://www.econbiz.de/10011126732
Persistent link: https://www.econbiz.de/10005760344