In a Vickrey auction how would a persons bid differ if she knew that the seller had

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In a Vickrey auction how would a person’s bid differ if she knew that the seller had someone at the auction submitting a bid for the seller?

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Microeconomics

ISBN: 9781260507140

11th Edition

Authors: David Colander

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Question Posted: Mar 14, 2024 04:01 AM

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In a Vickrey auction how would a persons bid differ if she knew that the seller had

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In a Vickrey auction which is a type of sealedbid auction where the highest bidder wins but pays the ...View the full answer

Microeconomics

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