Flexible Bayesian analysis of first price auctions using a simulated likelihood

DOI10.3982/QE257zbMath1396.91256MaRDI QIDQ4586183

Dong-Hyuk Kim

Publication date: 12 September 2018

Published in: Quantitative Economics (Search for Journal in Brave)

zbMATH Keywords

Bayesian analysissimulated likelihoodshape restrictionfirst price sealed bid auctionsaffiliated private valuesmethod of seriesrevenue maximizing reserve price

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Bayesian inference (62F15) Auctions, bargaining, bidding and selling, and other market models (91B26)

Related Items (2)

Procurements with Bidder Asymmetry in Cost and Risk-Aversion ⋮ Empirical relevance of ambiguity in first-price auctions

Uses Software

• tsbridge

Cites Work

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