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AndrewKraus AndrewKraus
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6 years ago
The optimal bidding strategy in a second-price sealed-bid auction is similar to the optimal bidding strategy in a(n) ________ auction. In both auctions, dominant strategies are at work.
A) open-outcry English
B) open-outcry Dutch
C) first-price sealed-bid
D) penny
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Microeconomics

Microeconomics


Edition: 1st
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SimplemanSimpleman
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AndrewKraus Author
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#2
6 years ago
This helps with my assignment big time
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