This conclusion relies on x ∈ ¯Sξ (and so Gξ(x)2 > 0), xK → x ∈ ¯Sξ as K → ∞ , the continuity of Gξ, (A.35), (A.42), and van der Vaart 45 (1998, Lemma 2.11)

As K → ∞ , we can show that the numerator, the denominator of the right-hand side of (A · 1998

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econ.EM · 2023-11-16 · unverdicted · novelty 6.0

Develops asymptotically exact inference on auction features using only transaction prices under a many-bidders fixed-auctions regime.

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Inference in Auctions with Many Bidders Using Transaction Prices econ.EM · 2023-11-16 · unverdicted · none · ref 1
Develops asymptotically exact inference on auction features using only transaction prices under a many-bidders fixed-auctions regime.