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bidder are potentially dependent. we demonstrate that, within the archimedean family of copulas, the model is identified using only observed winning bids, and then propose a semiparametric estimation strategy to recover the joint distribution of valuations. we implement our methods using data from fish
auctions held in denmark and estimate whether bundling is expected-revenue enhancing. keywords : semiparametric identification , multi-object auctions , sequential , fish auctions , english auctions , archimedean copulas , bundling , semiparametric estimation journal title : journal of econometrics...
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