Gaurab Aryal
Biographic Data
| ID | 8879616 |
|---|---|
| NAME | Gaurab Aryal |
| GIVEN NAMES | Gaurab |
| FAMILY NAME | Aryal |
| SIGNATURE | ARYAL G |
| AFFILIATIONS | Washington University in St. Louis |
| ORCID | 0000-0002-1134-5827 |
| VERIFIED | Yes |
| TOTAL WORKS | 3 |
| TOTAL CITATIONS | 0 |
| AUTHOR COUNT | 3 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2021 |
| LATEST PUBLICATION YEAR | 2026 |
| H-INDEX | 0 |
Common Subcontracting and Airline Prices
In the U.S. airline industry, independent regional airlines fly passengers on behalf of several national airlines across different markets, giving rise to common subcontracting. On the one hand, we find that subcontracting is associated with lower prices, consistent with the notion that regional airlines tend to fly passengers at lower costs than major airlines. On the other hand, we find that common subcontracting is associated with higher price…
Procurements with Bidder Asymmetry in Cost and Risk-Aversion
We propose an empirical method to analyze data from first-price procurements where bidders are asymmetric in their risk-aversion (CRRA) coefficients and distributions of private costs. Our Bayesian approach evaluates the likelihood by solving type-symmetric equilibria using the boundary-value method and integrates out unobserved heterogeneity through data augmentation. We study a new dataset from Russian government procurements focusing on the ca…
Semiparametric Estimation of First-Price Auction Models
In this article, we propose a two-step semiparametric procedure to estimate first-price auction models. In the first step, we estimate the bid density and distribution using local polynomial method, and recover a sample of (pseudo) private values. In the second step, we apply the method of moments to the sample of private values to estimate a finite set of parameters that characterize the density of private values. We show that our estimator atta…
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Semiparametric Estimation of First-Price Auction Models
In this article, we propose a two-step semiparametric procedure to estimate first-price auction models. In the first step, we estimate the bid density and distribution using local polynomial method, and recover a sample of (pseudo) private values. In the second step, we apply the method of moments to the sample of private values to estimate a finite set of parameters that characterize the density of private values. We show that our estimator atta…
Procurements with Bidder Asymmetry in Cost and Risk-Aversion
We propose an empirical method to analyze data from first-price procurements where bidders are asymmetric in their risk-aversion (CRRA) coefficients and distributions of private costs. Our Bayesian approach evaluates the likelihood by solving type-symmetric equilibria using the boundary-value method and integrates out unobserved heterogeneity through data augmentation. We study a new dataset from Russian government procurements focusing on the ca…
Common Subcontracting and Airline Prices
In the U.S. airline industry, independent regional airlines fly passengers on behalf of several national airlines across different markets, giving rise to common subcontracting. On the one hand, we find that subcontracting is associated with lower prices, consistent with the notion that regional airlines tend to fly passengers at lower costs than major airlines. On the other hand, we find that common subcontracting is associated with higher price…
Economics (3 works) · Auction Theory and Applications (2 works) · Econometrics (2 works) · Mathematics (2 works) · Statistics (2 works) · Applied Mathematics (1 work) · Asymptotic distribution (1 work) · Aviation Industry Analysis and Trends (1 work) · Bayesian probability (1 work) · Business (1 work)