Suppose you value a painting at $500 and you are bidding on it against someone who values the painting at $75. If you knew what the other bidder's valuation was, how would this affect your own valuation? Your bidding strategy? Multiple choice question. Valuation would decrease; bidding strategy would not change. Valuation would not change; bidding strategy would be less aggressive. Valuation would increase; bidding strategy would be more aggressive. Valuation would not change; bidding strategy would be more aggressive