Monotonicity-constrained nonparametric estimation and inference for first-price auctions

Ma, J; Marmer, V; Shneyerov, A; Xu, P

Ma, J (corresponding author), Renmin Univ China, Sch Econ, 59 Zhongguancun St, Beijing 100872, Peoples R China.

ECONOMETRIC REVIEWS, 2021; 40 (10): 944

Abstract

In the independent private values framework for first-price auctions, we propose a new nonparametric estimator of the probability density of latent va......

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