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An Introduction to the Structural Econometrics of Auction Data by Harry J. Paarsch, Han Hong (Hardcover, 2006)

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An introductory treatment that integrates and evaluates recent advances in the field by providing a common notation and a simple theoretical model within which to identify and to estimate commonly-encountered auction models. This text, intended for both graduate students and professional researchers, is an effective, concise introduction to the structural econometrics of auctions. Tools from recent developments in theoretical econometrics are combined with established numerical methods to provide a practical guide to most of the main concepts in the empirical analysis of field data from auctions. Among other things, the text is remarkable for a large number of mathematical problems and computer exercises for which sample solutions are provided at the end of the book. In the case of the computer exercises, sample code written in Matlab provides a ready-made toolbox that allows readers to implement many existing empirical specifications efficiently. In the first two chapters, the authors introduce several important issues in the analysis of field data from auctions and then go on to develop a simple theoretical model within the independent, private-values paradigm. In the third chapter, under several data-generating schemes, the authors outline empirical methods for analyzing data from single-unit Vickrey and English auctions, while in the fourth chapter, they outline methods for analyzing data from single-unit, Dutch, and first-price sealed-bid auctions. In the fifth chapter, the authors discuss theoretical issues important in the analysis of multi-good auctions, focusing on the analysis of multi-unit auctions, and then provide examples of some recent strategies designed to analyze data from these auctions. Included at the end are a number of appendixes that review the technical tools required in developing the topics treated in the text. A CD-ROM containing sample computer code and data sets accompanies the text.

Product Identifiers

Publisher
M. Ryan Haley, MIT Press Ltd
ISBN-13
9780262162357
eBay Product ID (ePID)
95778110

Product Key Features

Author
Harry J. Paarsch, Han Hong
Publication Name
An Introduction to the Structural Econometrics of Auction Data
Format
Hardcover
Language
English
Subject
Economics, Business
Publication Year
2006
Type
Textbook
Number of Pages
694 Pages

Dimensions

Item Height
229mm
Item Width
178mm
Item Weight
885g

Additional Product Features

Title_Author
Harry J. Paarsch, Han Hong
Series Title
The MIT Press
Country/Region of Manufacture
United States

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An Introduction to the Structural Econometrics of Auction Data by Harry J. Paarsch, Han Hong (Hardcover, 2006)

About this product

Product Information

Product Identifiers

Product Key Features

Dimensions

Additional Product Features

Best Selling in School Textbooks & Study Guides

Tracks, Scats and Other Traces: Reissue by Barbara Triggs (Paperback, 2004)

Save on School Textbooks & Study Guides

Powerless: Tiktok Made Me Buy It! an Epic and Sizzling Fantasy Romance Not

Viktor Schauberger The Water Wizard (Paperback)

Targeting Mental Maths Australian Curriculum Year 5 - New Edition 2023

Excel Success One HSC Mathematics Extension 1 2024 Edition

Medication Log Book: Simple Personal Medication Administration Planner & Record

Year 5 Naplan*-Style Complete Workbook and Tests

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