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Estimation Of Procurement Auctions With Secret Reserve Prices, Di Wu

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The first two chapters of my dissertation are essays on estimation of procurement auctions with secret reserve prices. In the last chapter, I develop a test on strong disposability versus weak disposability for non-parametric data envelopment analysis (DEA) estimators. In auctions with secret reserve prices, the possibility that the item goes unsold in the first round generates a particular form of multi-round auction in which information on bids is revealed after each round. If bidders have an imperfect estimate of project costs, the information revealed by observing the bids of others in the previous round can mitigate the classic winner's …