Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/49895 
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dc.contributor.authorHu, Yingyaoen
dc.contributor.authorMcAdams, Daviden
dc.contributor.authorShum, Matthewen
dc.date.accessioned2010-03-19-
dc.date.accessioned2011-09-27T15:21:26Z-
dc.date.available2011-09-27T15:21:26Z-
dc.date.issued2009-
dc.identifier.urihttp://hdl.handle.net/10419/49895-
dc.description.abstractWe propose a novel methodology for nonparametric identification of first-price auction models with independent private values, which accommodates auction-specific unobserved heterogeneity and bidder asymmetries, based on recent results from the econometric literature on nonclassical measurement error in Hu and Schennach (2008). Unlike Krasnokutskaya (2009), we do not require that equilibrium bids scale with the unobserved heterogeneity. Our approach accommodates a wide variety of applications, including settings in which there is an unobserved reserve price, an unobserved cost of bidding, or an unobserved number of bidders, as well as those in which the econometrician fails to observe some factor with a non-multiplicative effect on bidder values.en
dc.language.isoengen
dc.publisher|aThe Johns Hopkins University, Department of Economics |cBaltimore, MDen
dc.relation.ispartofseries|aWorking Paper |x553en
dc.subject.ddc330en
dc.subject.stwAuktionen
dc.subject.stwStatistischer Fehleren
dc.subject.stwNichtparametrisches Verfahrenen
dc.titleNonparametric identifcation of auction models with non-separable unobserved heterogeneity-
dc.typeWorking Paperen
dc.identifier.ppn602174228en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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