Piecewise Pseudo-Maximum Likelihood Estimation in Empirical Models of Auctions

DOI10.2307/2526953zbMath0771.90020OpenAlexW1967182879MaRDI QIDQ5287221

Publication date: 15 August 1993

Published in: International Economic Review (Search for Journal in Brave)

Full work available at URL: https://semanticscholar.org/paper/964fdd663ab1519eb6d0a9531161f11c9ff4db67

zbMATH Keywords

maximum likelihood estimation rational behaviour piecewise pseudo- maximum likelihood estimator

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26)

Related Items

Identification and estimation in sequential, asymmetric, English auctions ⋮ Semiparametric identification and estimation in multi-object, English auctions ⋮ Nonparametric likelihood ratio model selection tests between parametric likelihood and moment condition models ⋮ Simulation based selection of competing structural econometric models ⋮ Optimal bidding in auctions from a game theory perspective ⋮ Extremal quantile regression ⋮ GMM quantile regression ⋮ Unobserved heterogeneity in auctions under restricted stochastic dominance ⋮ Nonparametric ``regression when errors are positioned at end-points ⋮ How accurately do structural asymmetric first-price auction estimates represent true valuations? ⋮ Flexible Bayesian analysis of first price auctions using a simulated likelihood ⋮ Using all bids in parametric estimation of first-price auctions ⋮ IDENTIFICATION AND ESTIMATION IN A THIRD-PRICE AUCTION MODEL ⋮ Piecewise pseudo-maximum likelihood estimation for risk aversion case in first-price sealed-bid auction ⋮ Quantile regression models with factor‐augmented predictors and information criterion ⋮ Semiparametric estimation in models of first-price, sealed-bid auctions with affiliation ⋮ Information acquisition and/or bid preparation: a structural analysis of entry and bidding in timber sale auctions ⋮ Bayesian estimation approaches to first-price auctions ⋮ Indirect inference in structural econometric models ⋮ Bayesian beta regression for bounded responses with unknown supports ⋮ Estimating first-price auctions with an unknown number of bidders: a misclassification approach ⋮ Likelihood Estimation for Censored Random Vectors ⋮ Superconsistent estimation and inference in structural econometric models using extreme order statistics. ⋮ Structural Econometric Methods in Auctions: A Guide to the Literature ⋮ Econometrics of first-price auctions with entry and binding reservation prices

This page was built for publication: Piecewise Pseudo-Maximum Likelihood Estimation in Empirical Models of Auctions