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We assume that the true generating mechanism is unknown to the econometrician and he is therefore forced to use some approximating functions.

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We propose a nonparametric estimation procedure for the distributions of values and a bootstrap test of the null hypothesis of competitive behaviour against the alternative of collusion. Order once placed cannot be canceled.

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Random variable as a transformation of probability space.

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Note the difference between the expectations of the Poisson and exponential distributions!

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