Common Values, Unobserved Heterogeneity, and Endogenous Entry in U.S. Offshore Oil Lease Auction
收藏NBER2018-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w24795
下载链接
链接失效反馈官方服务：
资源简介：
An oil lease auction is the classic example motivating a common values model. However, formal testing for common values has been hindered by unobserved auction-level heterogeneity, which is likely to affect both participation in an auction and bidders willingness to pay. We develop and apply an
提供机构：
美国国家经济研究局
创建时间：
2018-07-01
