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| First Page | Document Content | |
|---|---|---|
 Date: 2014-11-04 10:29:03Auctioneering Auction theory First-price sealed-bid auction GMC Pickup trucks Transport Land transport Private transport |
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| First Page | Document Content | |
|---|---|---|
Date: 2014-11-04 10:29:03Auctioneering Auction theory First-price sealed-bid auction GMC Pickup trucks Transport Land transport Private transport |
Add to Reading List |
FOR SALE: 1987 GMC V3500 Rescue Truck SN # 1GTHV33K1HS525524 350 CI engine with a 4-speed transmission and 4 wheel drive 4 Door 4500 LBS front axle
![BNE and Auction Theory Homework 1. For two agents with values U [0, 1] and U [0, 2], respectively: (a) show that the first-price auction is not socially optimal in BNE. (b) give an auction with “pay your bid if you win](https://www.pdfsearch.io/img/26edde5edc3f5ad99d2c4f69417dfd70.jpg "BNE and Auction Theory Homework 1. For two agents with values U [0, 1] and U [0, 2], respectively: (a) show that the first-price auction is not socially optimal in BNE. (b) give an auction with “pay your bid if you win")
