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Jesse and Walt are considering going in together on the purchase of a new RV. If they buy the RV, then they will each have

Jesse and Walt are considering going in together on the purchase of a new RV. If they buy the RV, then they will each have equal access to it. Jesse's reservation value of the RV is $17000. Walt's reservation value is $19000.

Suppose the RV is priced at $29000. In which of the following cases will Jesse and Walt buy the RV? Choose one or more:

A.Jesse reports his reservation value truthfully, but Walt free rides on Jesse and does not report truthfully.

B.Both Jesse and Walt both truthfully reveal their reservation values.

C.Both Walt and Jesse attempt to free ride on the other, and neither reports his reservation value truthfully.

D.Walt reports his reservation value truthfully, but Jesse free rides on Walt and does not report truthfully.

Now suppose the price of the RV is $14500. In which of the following cases will Jesse and Walt buy the RV? Choose one or more: A.Jesse reports his reservation value truthfully, but Walt free rides on Jesse and does not report truthfully. B.Both Walt and Jesse attempt to free ride on the other, and neither reports his reservation value truthfully. C.Walt reports his reservation value truthfully, but Jesse free rides on Walt and does not report truthfully. D.Both Jesse and Walt truthfully reveal their reservation values.

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