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Identification in Ascending Auctions, with an Application to Digital Rights Management

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NBER2017-07-01 更新2025-01-04 收录
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This study provides new identification and estimation results for ascending (traditional English or online) auctions with unobserved auction-level heterogeneity and an unknown number of bidders. When the seller's reserve price and two order statistics of bids are observed, we derive conditions under

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2017-07-01
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