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Suppose you sell an item in a private values setting, with bidders that are risk-averse. Which of the following formats would yield you the highest

Suppose you sell an item in a private values setting, with bidders that are risk-averse. Which of the following formats would yield you the highest payoff with a large number of bidders? Group of answer choices Second-price sealed bid auction Dutch Auction English Auction Japanese Auction They all have the same expected profits with risk-averse bidders

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