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You should give clear definitions and explanations when you answer this question: A ticket to a newly staged show is on sale through a secondprice

You should give clear definitions and explanations when you answer this question:

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A ticket to a newly staged show is on sale through a secondprice sealed-bid auction. There are three bidders, A, B and C. A values the ticket at $10, B at $20, and C at $30. The bidders are free to submit a bid of any positive amount. Show that \"everyone bids his or her own valuation\" is a Nash Equilibrium

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