calcBuyerExpectedCost computes the expected amount that the buyer will pay
to the auction winner.
calcBuyerValuation computes the value to the buyer of the outside option.
calcExpectedLowestCost computes the expected lowest cost of the winning bid.
calcExpectedPrice computes the expected price paid by the buyer.
calcOptimalReserve computes the bidder's optimal reserve price.
calcSellerCostParms calibrates the parameters of the Seller Cost
CDF, as well as the reserve price, if not supplied.
cdfG calculates the probability that a cost draw less than or equal to
‘c’ is realized for each firm. If ‘c’ is not supplied,
the buyer reserve and total capacity is used.
# S4 method for Auction2ndCap
calcSellerCostParms(object, ...)# S4 method for Auction2ndCap
calcBuyerValuation(object)
# S4 method for Auction2ndCap
calcOptimalReserve(object, preMerger = TRUE, lower, upper)
# S4 method for Auction2ndCap
calcBuyerExpectedCost(object, preMerger = TRUE)
# S4 method for Auction2ndCap
cdfG(object, c, preMerger = TRUE)
# S4 method for Auction2ndCap
calcExpectedPrice(object, preMerger = TRUE)
# S4 method for Auction2ndCap
calcExpectedLowestCost(object, preMerger = TRUE)
An instance of the respective class (see description for the classes)
Additional arguments to pass to calcSellerCostParms
If TRUE, the pre-merger ownership structure is used. If FALSE, the post-merger ownership structure is used. Default is TRUE.
The minimum for the bidder's reserve price.
The maximum for the bidder's reserve price.
cdfG calculates the probability that a cost draw less than or equal to
‘c’ is realized for each firm. If ‘c’ is not supplied,
the buyer reserve and total capacity is used.
Charles Taragin ctaragin+antitrustr@gmail.com
showMethods(classes="Auction2ndCap") # show all methods defined for the class
Run the code above in your browser using DataLab