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please help #2 2. Your company is bidding for service contract in a first-price sealed-bid auction. You value the contract at s12 believe the distribution
please help #2
2. Your company is bidding for service contract in a first-price sealed-bid auction. You value the contract at s12 believe the distribution bids will be uniform, with a high value of S16 million and a low value of S3 million What is your optimal strategy with 10 bidders? 3. Your company is biddimt for a service in a first-price sealed bid auction. You value the
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