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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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International Economics
Authors: James Gerber
6th edition
978-0132950145, 132950146, 132948915, 978-0132948913
