Empirical Implications of Equilibrium Bidding in First-Price, Symmetric, Common Value Auctions
收藏NBER2001-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w8294
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资源简介：
This paper studies federal auctions for wildcat leases on the Outer Continental Shelf from 1954 to 1970. These are leases where bidders privately acquire (at some cost) noisy, but equally informative, signals about the amount of oil and gas that may be present. We develop a test of equilibrium
提供机构：
美国国家经济研究局
创建时间：
2001-05-01
