What is the dominant strategy for a bidder in an English auction?

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Microeconomics

ISBN: 978-1292079578

Global Edition 1st Edition

Authors: David Laibson, John List

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Question Posted: Dec 15, 2015 08:04 AM

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What is the dominant strategy for a bidder in an English auction?

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Since the bidder pays his bid if he wins each bidder will continu...View the full answer

Microeconomics

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