Testing for risk aversion in first-price sealed-bid auctions

Keyphrases

• Risk Aversion 100%
• First-price Sealed-bid Auction 100%
• Bidders 50%
• Parameter Space 50%
• Local Power 50%
• Independent Private Values 50%
• Local Alternatives 50%
• Exclusion Restriction 50%
• Power Properties 50%
• Standard Normal Distribution 50%

Mathematics

• Risk Aversion 100%
• Pointwise 50%
• Parametric 50%
• Parameter Space 50%
• Standard Normal Distribution 50%
• Local Power 50%
• Exclusion Restriction 50%

Economics, Econometrics and Finance

• Price 100%
• Auction 100%