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Auctions and CompetitiveBidding 13.2 Complete Information: Consider a set of / players participating in a sealed- bid second-price auction, but assume that there is complete

Auctions and CompetitiveBidding
13.2 Complete Information: Consider a set of / players participating in a sealed- bid second-price auction, but assume that there is complete information so that each player knows the valuation of every other player. a. Is it still true that each player bidding his valuation is a weakly domi- nant strategy? b. Are there other Nash equilibria of this game

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