Nonparametric Tests for Common Values at First-Price Sealed-Bid Auctions
收藏NBER2003-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w10105
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资源简介：
We develop tests for common values at first-price sealed-bid auctions. Our tests are nonparametric, require observation only of the bids submitted at each auction, and are based on the fact that the winner's curse' arises only in common values auctions. The tests build on recently developed methods
提供机构：
美国国家经济研究局
创建时间：
2003-11-01
