Question
Suppose you would like to sell an item of your choice using auctions. If you know there are only two bidders with negatively correlated values
Suppose you would like to sell an item of your choice using auctions. If you know there are only two bidders with negatively correlated values of your item (one values your item highly while the other very little), which of the standard auction(s) would you choose to sell your item and why?
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Changing Resource Problems Of The World
Authors: Ronald G Ridker
1st Edition
131735494X, 9781317354949
