Microeconomics (2nd Edition) (Pearson Series in Economics)
2nd Edition
ISBN: 9780134492049
Author: Daron Acemoglu, David Laibson, John List
Publisher: PEARSON
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Chapter 17, Problem 6Q
To determine
Explain Dutch auction.
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Use the expected value information to illustrate how having more bidders in an oral auction will likely result in a higher winning bid.
Chapter 17 Solutions
Microeconomics (2nd Edition) (Pearson Series in Economics)
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