You are about to participate in a private value auction. There will be a total of 30 rational participants in the auction. You have been informed by a higher being that, of the 30 participants, you have the second highest private valuation. This implies that one of the other 29 participants has a higher private value. In which type of auction you are the least likely to win the auction?

a. In an English auction

b. in a Dutch auction.

c. In a 1st price, sealed bid auction.