In Dutch or first-price sealed-bid auctions, participants will bid less than their highest ...

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In Dutch or first-price sealed-bid auctions, participants will bid less than their highest ...

In Dutch or first-price sealed-bid auctions, participants will bid less than their highest valuation.
True or False? Provide an explanation.

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Microeconomics

Edition: 6^th

Author: Perloff

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Llanis Author

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this is exactly what I needed

zsc999

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Good timing, thanks!

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Thanks

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