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In a first-price sealed-bid auction, the ________ bidder wins the good being auctioned.

AndrewKraus

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In a first-price sealed-bid auction, the ________ bidder wins the good being auctioned.

In a first-price sealed-bid auction, the ________ bidder wins the good being auctioned.
A) lowest
B) second-highest
C) highest
D) first

Textbook

Microeconomics

Microeconomics

Edition: 1^st

Authors: Acemoglu, Laibson, List

Read 75 times

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Sudzbury

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AndrewKraus Author

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7 years ago

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