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Suppose that you want to design an auction for the following type of situation: you have three identical copies of a valuable object O, and
Suppose that you want to design an auction for the following type of situation: you have three identical copies of a valuable object O, and there are 4 potential buyers. Each potential buyer j wants at most one copy and has a value vj for any of the copies. Explain the setup of this auction as a matching market: define the buyers and sellers and how to find out who gets each item (you can use concrete values to explain the process).
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