Identification and Estimation of Bidders' Risk Aversion in First-Price Auctions
提出在共同价值一级价格拍卖中识别和估计投标者风险厌恶程度的方法,对拍卖设计和实证研究有参考价值。
Identification and Estimation of Bidders' Risk Aversion in First-Price Auctions by Isabelle Perrigne and Quang Vuong. Published in volume 97, issue 2, pages 444-448 of American Economic Review, May 2007