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What is true about common value auctions? A With common values, the English and second-price auctions are strategically equivalent. B With common values, the Dutch
What is true about common value auctions? A With common values, the English and second-price auctions are strategically equivalent. B With common values, the Dutch and first-price auctions are strategically equivalent. C Security markets are dominated by common values. D All of the above. E Only a. and c. F Only b. and c
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Price theory and applications
Authors: Steven E landsburg
8th edition
538746459, 1133008321, 780538746458, 9781133008323, 978-0538746458
