Question
A first price auction with two players: a. Consider a second price auction in the case with valuations on [1; 3]. Find an equilibrium in
A first price auction with two players:
a. Consider a second price auction in the case with valuations on [1; 3]. Find an equilibrium in weakly dominant strategies.
b. Consider a second price auction in the case with valuations on [1; 3]. Find a Nash equilibrium in which player 2 always wins.
(Hint: This course is Game Theory)
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The Chinese Economy Transitions And Growth
Authors: Barry Naughton
1st Edition
0262640643, 9780262640640
