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Auction Design Background Auction Design Background

Auction Design Background - PowerPoint Presentation

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Uploaded On 2018-09-18

Auction Design Background - PPT Presentation

Last time In a benchmark model with symmetric bidders we saw that if bidders play according to Nash equilibrium then several common auction designs Result in an efficient allocation high value bidder wins ID: 669880

bidder auction reserve bidders auction bidder bidders reserve price bid prices revenue ring expected win wins bidding 100 entry

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