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Auctions Every four years the International Olympic Committee (IOC) auctions the US rights to broadcast the Olympic Games. (i) Do you think the Winner's Curse

Auctions Every four years the International Olympic Committee (IOC) auctions the US rights to broadcast the Olympic Games.

(i) Do you think the "Winner's Curse" could be an issue for potential bidders in this context? Briefly explain. (ii) What kind of auction design would you recommend for the IOC? Briefly explain your reasoning.

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