Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
9549390 | Economics Letters | 2005 | 5 Pages |
Abstract
We present an approach to nonparametric estimation of pseudo-values in asymmetric affiliated private values (APV) models for first price auctions that eliminates the 'curse of dimensionality.' We show that pseudo-values can be estimated by using two-dimensional functions of bids for APV models regardless of the form of asymmetry.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Bin Zhang, Kemal Guler,