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Business, 05.09.2019 16:30 pawfox

In common value auctions
a. every bidder know the value of the object being sold
b. each bidder makes the same estimate of the value of the good
c. bidders do not know the estimates of the others
d. the true value of the item differs across bidders

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Answers: 1

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In common value auctions
a. every bidder know the value of the object being sold
b. ea...

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