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Are Structural Estimates of Auction Models Reasonable? Evidence from Experimental Data

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NBER2003-08-01 更新2025-01-04 收录
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Recently, economists have developed methods for structural estimation of auction models. Many researchers object to these methods because they find the rationality assumptions used in these models to be implausible. In this paper, we explore whether structural auction models can generate reasonable

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2003-08-01
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