This code is the code to replicate the results and plots in the paper:
Fagandini, P. and Dierickx, I. (2023), Computing Profit-Maximizing Bid Shading Factors in First-Price Sealed-Bid Auctions. Computational Economics, 61(3), 1009-1035. https://doi.org/10.1007/s10614-022-10321-y
You can find the published version in www.pfagandini.eu