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An Introduction to the Structural Econometrics of Auction Data
Author: Harry J. Paarsch

ISBN: 9780262162357
Format: Hardcover
Number Of Pages: 694
Published: 17 December 2005
Country of Publication: US
Dimensions (cm): 22.9 x 17.8 x 2.5
Description:


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 ...

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