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 …

Markets can give false impressions of liquidity and stability if failed attempts to trade are
ignored. For collateralized loan obligations, we quantify this bias by estimating the total cost …

We study the effects of intensifying competition for contracts in the context of US Defense
procurement. Conceptually, opening contracts up to bids by more participants leads to lower …

Markets can give a false impression of their liquidity and stability if failed attempts to trade
are not accounted for. We quantify this bias by estimating the distribution of investors' …

Although an auction of drilling rights is often cited as an example of common values, formal
evidence has been limited by the problem of auction-level unobserved heterogeneity. We …

We review approaches to identification and inference on models in Industrial Organization
with partial identification and/or moment inequalities. Often, such approaches are …

Privacy regulations in online markets have ramped up in recent years, as typified by
government regulation, such as the California Consumer Privacy Act (CCPA) of 2020, which …

We test the assumption that bidders in farmland auctions have private valuations, a
necessary condition for auction efficiency. We apply the test of Haile et al.(2003) to farmland …

This book provides an introduction to the field of microeconometrics through the use of R.
The focus is on applying current learning from the field to real world problems. It uses R to …

Finite mixture models are useful in applied econometrics. They can be used to model
unobserved heterogeneity, which plays major roles in labor economics, industrial …