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    Exam 17: Auctions and Bargaining
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    The Optimal Bidding Strategy in a First-Price Auction Is Identical
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The Optimal Bidding Strategy in a First-Price Auction Is Identical

Question 59

Question 59

Multiple Choice

The optimal bidding strategy in a first-price auction is identical to the optimal bidding strategy in a(n) ________ auction.


A) English
B) Dutch
C) second-price
D) dollar

Correct Answer:

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