1 option
The Bidder Exclusion Effect / Dominic Coey, Bradley Larsen, Kane Sweeney.
- Format:
- Book
- Author/Creator:
- Coey, Dominic.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w20523.
- NBER working paper series no. w20523
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2014.
- Summary:
- We introduce a simple and robust approach to answering two key questions in empirical auction analysis: discriminating between models of entry and quantifying the revenue gains from improving auction design. The approach builds on Bulow and Klemperer (1996), connecting their theoretical results to empirical work. It applies in a broad range of information settings and auction formats without requiring instruments or estimation of a complex structural model. We demonstrate the approach using US timber and used-car auction data.
- Notes:
- Print version record
- September 2014.
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