Journal of Economic Literature
Book Reviews
2026-08-28
Isabelle Perrigne of Pennsylvania State University reviews “An Introduction to the Structural Econometrics of Auction Data” by Harry J. Paarsch, Han Hong,. The EconLit Abstract of the reviewed work begins “Explores the empirical analysis of field data from auctions. Discusses an overview of auction theory; Vickrey and English auctions; first-price, sealed-bid, and Dutch auctions; and multi-unit auctions. Appendices include information on transformation of random variables; order statistics; simulation; asymptotic methods; evaluating estimators; estimation strategies; numerical methods; and a high-level programming environment. Includes end-of-chapter exercises and a CD-ROM that contains sample computer code and data sets. Paarsch is Professor of Economics and Robert Jensen Research Fellow at the Henry B. Tippie College of Business, University of Iowa. Hong is Professor of Economics at Duke University. Name and subject indexes.”