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In particular, ascending auction data allow one to recover the latent distribution of private values, while first\u2010price sealed\u2010bid auction data allow one to recover the bidders' utility function. This leads to a nonparametric estimator. An application to the US Forest Service timber auctions is proposed. Estimated utility functions display concavity, which can be partly captured by constant relative risk aversion. Copyright \u00a9 2008 John Wiley &amp; Sons, Ltd.<\/jats:p>","DOI":"10.1002\/jae.1032","type":"journal-article","created":{"date-parts":[[2008,11,3]],"date-time":"2008-11-03T17:56:17Z","timestamp":1225734977000},"page":"871-896","source":"Crossref","is-referenced-by-count":92,"title":["Estimating risk aversion from ascending and sealed\u2010bid auctions: the case of timber auction data"],"prefix":"10.1002","volume":"23","author":[{"given":"Jingfeng","family":"Lu","sequence":"first","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Isabelle","family":"Perrigne","sequence":"additional","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"311","published-online":{"date-parts":[[2008,11,3]]},"reference":[{"key":"e_1_2_8_2_1","doi-asserted-by":"publisher","DOI":"10.1111\/j.1468-0262.2002.00435.x"},{"key":"e_1_2_8_3_1","doi-asserted-by":"publisher","DOI":"10.1016\/S1573-4412(07)06060-6"},{"key":"e_1_2_8_4_1","doi-asserted-by":"publisher","DOI":"10.1086\/319558"},{"key":"e_1_2_8_5_1","doi-asserted-by":"crossref","unstructured":"AtheyS LevinJ SeiraE.2004.Comparing open and sealed bid auctions: theory and evidence from timber auctions. 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