Title: Empirical Analysis of Auction Data

Time: November 23rd, 2018 9:30-12:00
          November 26rd, 2018 9:30-12:00
          November 27rd, 2018 9:30-12:00

Venue: Conference Room 106B, Zhonghui Building

Speaker: Tong Li, Vanderbilt University

About the speaker:

Professor Li’s primary research and teaching interests are microeconometrics with a focus on identification and inference of econometric models with latent variables, and game-theoretic models. He also studies dynamic/nonlinear panel data analysis, and empirical microeconomics with a focus on empirical analysis of strategic behavior of agents with asymmetric information. His research has been supported by the National Science Foundation and the American Statistical Association Committee on Law and Justice Statistics. His work has been published in general interest journals including Econometrica, Review of Economic Studies, American Economic Journal: Microeconomics, International Economic Review, Review of Economics and Statistics, and top field journals such as the Journal of Econometrics, RAND Journal of Economics, Games and Economic Behavior. He has served as an associate editor of the Journal of Econometrics, the Journal of Applied Econometrics, the Journal of Econometric Methods, and the Journal of Economic Behavior and Organization. Since 1999 he has supervised eleven Ph.D. dissertations and has placed students on faculty at London School of Economics, North Carolina State University, National University of Singapore, Shanghai Jiao Tong University, Temple University, among others.

Reading List:

Tong Li & Bingyu Zhang.(2015). Affiliation and Entry in First-Price Auctions with Heterogeneous Bidders: An Analysis of Merger Effects, American Economic Journal: Microeconomics, American Economic Association, vol. 7(2), pages 188-214, May.

Gentry, M., & Li, T. (2014). Identification in auctions with selective entry. Econometrica, 82(1), 315-344.

Li, T., & Zhang, B. (2010). Testing for Affiliation in First‐Price Auctions Using Entry Behavior. International Economic Review, 51(3), 837-850.

Li, T., & Vuong, Q. (1998). Nonparametric estimation of the measurement error model using multiple indicators. Journal of Multivariate Analysis, 65(2), 139-165.

Hubbard, T. P., Li, T., & Paarsch, H. J. (2012). Semiparametric estimation in models of first-price, sealed-bid auctions with affiliation. Journal of Econometrics, 168(1), 4-16.

Li, T., Lu, J., & Zhao, L. (2015). Auctions with selective entry and risk averse bidders: theory and evidence. The RAND Journal of Economics, 46(3), 524-545.

Li, T., & Zheng, X. (2009). Entry and competition effects in first-price auctions: theory and evidence from procurement auctions. The Review of Economic Studies, 76(4), 1397-1429.