An Introduction To The Structural Econometrics Of Auction Data Harry J Paarsch by Harry J. Paarsch, Han Hong, M. Ryan Haley 9780262162357, 0262162350 instant download after payment.

This text, intended for both graduate students and professional researchers, is aneffective, concise introduction to the structural econometrics of auctions. Tools from recentdevelopments in theoretical econometrics are combined with established numerical methods to providea practical guide to most of the main concepts in the empirical analysis of field data fromauctions. Among other things, the text is remarkable for a large number of mathematical problems andcomputer exercises for which sample solutions are provided at the end of the book. In the case ofthe computer exercises, sample code written in Matlab provides a ready-made toolbox that allowsreaders 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 thengo on to develop a simple theoretical model within the independent, private-values paradigm. In thethird chapter, under several data-generating schemes, the authors outline empirical methods foranalyzing data from single-unit Vickrey and English auctions, while in the fourth chapter, theyoutline methods for analyzing data from single-unit, Dutch, and first-price sealed-bid auctions. Inthe fifth chapter, the authors discuss theoretical issues important in the analysis of multi-goodauctions, focusing on the analysis of multi-unit auctions, and then provide examples of some recentstrategies designed to analyze data from these auctions. Included at the end are a number ofappendixes that review the technical tools required in developing the topics treated in the text. ACD-ROM containing sample computer code and data sets accompanies the text.