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There are many types of auctions, each with strengths and weakness at uncovering the real price or value of an item. Compare and contrast how

There are many types of auctions, each with strengths and weakness at uncovering the real price or value of an item. Compare and contrast how each of the following uncovers value:

English and Dutch auctions.
Sealed-bid first-price auctions and Vickery auctions.

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