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Prove the revenue equivalence theorem between second - price auction and all - payauctionfor N bidderswithi.i . d . uniformdistribution v i Uniform [ 0
Prove the revenue equivalence theorem between secondprice auction and all
payauctionfor N bidderswithi.id uniformdistribution v i Uniformonsingleitem In
allpay auction, each bidder pay hisher bid, regardless of whether being allocated, and the
bidder with the highest bid is allocated the item
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