We study entry and bidding patterns in sealed bid and open auctions. Using data from the
US Forest Service timber auctions, we document a set of systematic effects: sealed bid …

This review surveys the growing literature on the econometrics of first-price sealed-bid
auctions and nonlinear pricing. The complexity of the economic models has initiated fruitful …

We review the literature concerned with the structural econometrics of observational data
from auctions, discussing the problems that have been solved and highlighting those that …

In view of the non-identification of the first-price auction model with risk-averse bidders, this
paper proposes some parametric identifying restrictions and a semiparametric estimator for …

Risk aversion is one of the most basic assumptions of economic behavior, but few studies
have addressed the question of where risk preferences come from and why they differ from …

Design, engineering, and construction for more sustainable infrastructure involve complex
decisions with considerable risk and uncertainty. To prepare students for such challenges …

This paper studies the nonparametric identification of the first‐price auction model with risk
averse bidders within the private value paradigm. First, we show that the benchmark model …

This book offers an up-to-date, comprehensive coverage of stochastic dominance and its
related concepts in a unified framework. A method for ordering probability distributions …

We introduce and apply a new nonparametric approach to identification and inference on
data from ascending auctions. We exploit variation in the number of bidders across auctions …

This paper performs a structural analysis of sequential auctions with both synergy and
affiliation across auctions. I propose a flexible yet tractable sequential auction model under …