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Mathematics, 22.07.2019 11:30 jodygoodwin40
Now let's suppose that there are three bidders who have independent, private values vi which are either 1 or 3. for each bidder, the probabilities of 1 and 3 are both 1/2. what is the seller's expected revenue in this case?
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Now let's suppose that there are three bidders who have independent, private values vi which are eit...
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