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2756脑筋急转弯中等derivationmedium

Bidder Utility Under Revenue Equivalence

题目

A bidder has value 0.90.9 in a two-bidder private-value environment with values i.i.d. Uniform(0,1)\mathrm{Uniform}(0,1). Compute that bidder's expected utility in (a) the first-price equilibrium and (b) the truthful second-price auction. Verify that the utilities agree.

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你的答案

a

b