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Auctions and CompetitiveBidding 13.1 Second-Price Auctions: Show that in a second-price sealed-bid auction bid- ding your valuation weakly dominates bidding above your valuation

Auctions and CompetitiveBidding

13.1 Second-Price Auctions: Show that in a second-price sealed-bid auction bid- ding your valuation weakly dominates bidding above your valuation

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