We propose a quantile-based nonparametric approach to inference on the probability density function (PDF) of the private values in …rst-price sealedbid auctions with independent private values. Our method of inference is based on a fully nonparametric kernel-based estimator of the quantiles and PDF of observable bids. Our estimator attains the optimal rate of Guerre, Perrigne, and Vuong (2000),...

The first attempt to measure cognitive estimation abilities was made by Shallice and Evans (1978), who developed the Cognitive Estimation Test, consisting of a set of questions which requires appropriate reasoning abilities. The authors stressed the link between executive functions and estimation skills, finding out that patients with frontal lobe damages performed poorly on the proposed task; ...

accurate estimation of hydrocarbon volume in a reservoir is important due to future development and investment on that reservoir. estimation of oil and gas reservoirs continues from exploration to end of reservoir time life and is usual upstream engineer’s involvements. in this study we tried to make reservoir properties models (porosity and water saturation) and estimate reservoir volume hydro...

Small–scale VARs are widely used in macroeconomics for forecasting U.S. output, prices, and interest rates. However, recent work suggests these models may exhibit instabilities. As such, a variety of estimation or forecasting methods might be used to improve their forecast accuracy. These include using different observation windows for estimation, intercept correction, time–varying parameters, ...

Abrevaya (1999b) considered estimation of a transformation model in the presence of left–truncation. This paper observes that a cross–sectional version of the statistical model considered in Frederiksen, Honoré, and Hu (2007) is a generalization of the model considered by Abrevaya (1999b) and the generalized model can be estimated by a pairwise comparison version of one of the estimators in Fre...