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Respond to the question: Sealed bid theorm?

01/12/2002 01:04 AM by Sungbin Cho; Re:Sealed Bid Theorem
What you ask seems how you can get symetric equilibrium budding function in the first-price sealed bud auction, where each individual's value of goods is drawn from uniform distribution. You can consult any textbook on game theory.
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12/04/2001 02:02 PM by Talia Walter; Sealed bid theorm
How do you prove that b=((n-1)/n)*V [Manage messages]