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Once again, consider an auction in which there are two bidders who are both risk-neutral and whose private valuations of the item being sold are

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Once again, consider an auction in which there are two bidders who are both risk-neutral and whose private valuations of the item being sold are denoted by t1 and t2 and suppose t and t2 are independently and uniformly distributed between 0 and 200. Complete the following sentence by typing in your answers as numbers, with no decimal places. In a sealed bid first-price auction, if player 2's strategy is to bid using the rule a2 = 0.8t2, and with t1 = 100, then player 1's EU-maximising bid is If player 2's strategy is to bid using the rule a2 = 0.4t2, and with t1 = 100, then player 1's EU-maximising bid is

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