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Author(s)

Karl Schmedders

Peter Eso

Peter Klibanoff

Graeme Hunter

In Case (B) models for computing optimal bids in highway procurement auctions are developed from the perspective of the bidders.
Date Published: 01/01/2006
Discipline: Economics;Operations;Statistical Methods;Strategy
Key Concepts: Linear Regression, Logarithmic Regression, Omitted Variable Bias, Logit Regression, Bidding in Auctions
Citations: Schmedders, Karl, Peter Eso, Peter Klibanoff, Graeme Hunter. Orangia Highways (B). 5-106-007(B) (KEL186).