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The optimal bid in a first-price, sealed-bid auction with independent private values is to bid Multiple Choice the true value of the item. more than
The optimal bid in a first-price, sealed-bid auction with independent private values is to bid Multiple Choice the true value of the item. more than the true value of the item. less than the true valu
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Operations Management An Integrated Approach
Authors: R. Dan Reid, Nada R. Sanders
6th edition
1118952618, 978-1118952559, 1118952553, 978-1118952610
