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Consider the 2nd-price sealed-bid auction, with commonly known values, and 5 bidders who have valuations v₁ = 8, V₂ = 7, V3 = 5, U4 = 4, 05 1. If two or more agents are tied, the object goes to the agent with the lowest index (e.g., if agents 2, 3, 5 are tied, the object goes to agent 2.) Which of the following profiles of bids are equilibria? Select one or more: a. (6, 7, 5, 4, 1). b. c. d. e. = f. (7,7, 5, 4, 1)✔ (1, 1, 1, 1, 8).' (6,6, 0, 0, 0). (8, 7, 5, 4, 1)✔ (7,7, 0, 0, 0)

Consider the 2nd-price sealed-bid auction, with commonly known values, and 5 bidders who have valuations v₁ = 8, V₂ = 7, V3 = 5, U4 = 4, 05 1. If two or more agents are tied, the object goes to the agent with the lowest index (e.g., if agents 2, 3, 5 are tied, the object goes to agent 2.) Which of the following profiles of bids are equilibria? Select one or more: a. (6, 7, 5, 4, 1). b. c. d. e. = f. (7,7, 5, 4, 1)✔ (1, 1, 1, 1, 8).' (6,6, 0, 0, 0). (8, 7, 5, 4, 1)✔ (7,7, 0, 0, 0)

Computer Networking: A Top-Down Approach (7th Edition)
Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
Section: Chapter Questions
Problem R1RQ: What is the difference between a host and an end system? List several different types of end...
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Consider the 2nd-price sealed-bid auction, with commonly known values, and 5 bidders who have valuations vi = 8, v2 = 7, v3 = 5, v4 = 4, v5 = 1. If two or more agents are tied, the object goes to the agent with the lowest index (e.g., if agents 2, 3, 5 are tied, the object goes to agent 2.) Which of the following profiles of bids are equilibria? Select one or more: а. (6, 7, 5, 4, 1). O b. (7,7,5, 4, 1)▼ O C. (1, 1, 1, 1, 8).' d. (6, 6,0, 0, 0). e. (8, 7, 5, 4, 1) е. f. (7,7, 0, 0, 0)▼
Transcribed Image Text:Consider the 2nd-price sealed-bid auction, with commonly known values, and 5 bidders who have valuations vi = 8, v2 = 7, v3 = 5, v4 = 4, v5 = 1. If two or more agents are tied, the object goes to the agent with the lowest index (e.g., if agents 2, 3, 5 are tied, the object goes to agent 2.) Which of the following profiles of bids are equilibria? Select one or more: а. (6, 7, 5, 4, 1). O b. (7,7,5, 4, 1)▼ O C. (1, 1, 1, 1, 8).' d. (6, 6,0, 0, 0). e. (8, 7, 5, 4, 1) е. f. (7,7, 0, 0, 0)▼
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