Empirical Perspectives on Auctions / Ali Hortaçsu, Isabelle Perrigne.

Format:

Book

Author/Creator:

Hortaçsu, Ali.

Contributor:

National Bureau of Economic Research.

Perrigne, Isabelle.

Series:

Working Paper Series (National Bureau of Economic Research) no. w29511.

NBER working paper series no. w29511

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2021.

Summary:

The empirical analysis of auction data has become a thriving field of research over the past thirty years. Relying on sophisticated models and advanced econometric methods, it addresses a wide range of policy questions for both public and private institutions. This chapter offers a guide to the literature by stressing how data features and policy questions have shaped research in the field. The chapter is organized by types of goods for sale and covers auctions of timber, construction and services procurement, oil and gas leases, online auctions, internet advertising, electricity, financial securities, spectrum, as well as used goods. It discusses the idiosyncrasies of each applied setting and the respective empirical findings.

Notes:

Print version record

November 2021.