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Home Q & A Board Other Fields Homework Help Business Economics
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billm9774 billm9774
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3 years ago
In a sealed-bid, second-price auction, you should bid

▸ your estimate of what others value the good at.

▸ one dollar more than your estimate of what the second-highest bid will be.

▸ your highest value.

▸ the common value of the good.
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Managerial Economics and Strategy

Managerial Economics and Strategy


Edition: 3rd
Authors:
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NivinNivin
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3 years ago
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billm9774 Author
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3 years ago
Helped a lot
missnoname
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Yesterday
Thanks
erimis
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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