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Author Question: Appendix: A Dutch auction implies all of the following except a. more than one unit sale available ... (Read 78 times)

mp14

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Appendix: A Dutch auction implies all of the following except
 a. more than one unit sale available
  b. higher prices later in the auction
  c. identical expected seller revenue for common value items
  d. greater expected seller revenue in estate sales with risk-averse bidders

Question 2

An oral auction
 a. is also called a Vickrey auction
  b. is conducted by bidders submitting a single sealed bid
  c. is where the sole remaining bidder wins and pays his winning bid
  d. all of the above



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eliasc0401

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Answer to Question 1

d

Answer to Question 2

c




mp14

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Reply 2 on: Jul 1, 2018
Excellent


deja

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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