Bayesian Analysis in Economic Theory and Time Series Analysis: The 1977 Savage Dissertation Award Theses
North-Holland Publishing Company, 1980 - Adjudication administrative - Modèles mathématiques - 180 pages
Bidding for contract; A bayesian approach to the spectral analysis of stationary time series.
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Equilibrium bidding behavior
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alternative profit analysis approximate likelihood assumed assumption asymptotic Bayes estimate Bayesian bidding behavior Chapter 9 competition compute conjugate prior conjugate utility considered constraint contract parameters converges covariance function defined denoted density function determined distribution equilibrium strategy example expected procurement cost expected utility expected value fi(a fi(o filoc finite firm firm's firm’s follows functions g g and h high quality commodity hyperplane incentive contracts increase integrals interior point Lebesgue measure lemma lim ſ lin fi(w low quality commodity matrix mode of Q(c Nash equilibrium optimal bid owners parameter point parameter space parameterization periodogram point of 34 posterior 8.29 posterior density posterior mode precision matrix production cost Proof random variable reduce reservation price risk aversion rival bids ſ g(w spectral density subset sufficiently large symmetric theorem 9.6 tr(c utility function Yi's zero