In many procurement auctions, the bidders' unobserved costs depend both on a common
shock and on idiosyncratic private information. Assuming a multiplicative structure, I derive …

Traditional production function models rely on factor-neutral technology and functional form
assumptions, such as Cobb-Douglas. These assumptions impose strong theoretical …

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 …

We study the identification through instruments of a nonseparable function that relates a
continuous outcome to a continuous endogenous variable. Using group and dynamical …

The main goal of this paper is to develop a theory of inference of player valuations from
observed data in the generalized second price auction without relying on the Nash …

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 …

This paper considers nonparametric identification of a two‐stage entry and bidding game we
call the Affiliated‐Signal (AS) model. This model assumes that potential bidders have private …

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 …