Tong Li
Selected Publications
Identification and estimation in first-price auctions with risk-averse bidders and selective entry
We study identification and estimation in first-price auctions with risk-averse bidders and selective entry, building on […]
Identification in auctions with selective entry
This paper considers nonparametric identification of a two-stage entry and bidding model for auctions which we […]
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Simulation based selection of competing structural econometric models
This paper proposes a formal model selection test for choosing between two competing structural econometric models. […]
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Entry and competition effects in first-price auctions: theory and evidence from procurement auctions
Motivated by several interesting features of the highway mowing auction data from TexasDepartment of Transportation (TDoT), […]