Prove that in a symmetric sealed-bid second-price auction
Prove that in a symmetric sealed-bid second-price auction with independent private values the only monotonically increasing, symmetric equilibrium is the equilibrium in which every buyer submits a bid equal to his private value.
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suppose that v 0 voline is a bounded interval show that in a symmetric sealedbid second-price auction with independent
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prove that in a symmetric sealed-bid second-price auction with independent private values the only monotonically
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a explain what a buyer in an open-bid decreasing auction knows when the current announced price is x that he did not
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