subject
Business, 12.07.2019 01:30 chas8495

You are one of five risk-neutral bidders participating in an independent private values auction. each bidder perceives that all other bidders’ valuations for the item are evenly distributed between $60,000 and $80,000. for each of the following auction types, determine your optimal bidding strategy if you value the item at $71,000
a. first-price, sealed-bid auction.
b. dutch auction.
c. second-price, sealed-bid auction.
d. english auction.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 01:30
Claire wants to include animations in her presentation slides. which element of the presentation program’s interface will have the options for animation? claire should use the to include animations in her presentation slides.
Answers: 1
question
Business, 22.06.2019 09:30
What is the relationship among market segmentation, target markts, and consumer profiles?
Answers: 2
question
Business, 22.06.2019 18:00
David paid $975,000 for two beachfront lots in coastal south carolina, with the intention of building residential homes on each. two years later, the south carolina legislature passed the beachfront management act, barring any further development of the coast, including david's lots. when david files a complaint to seek compensation for his property, south carolina refuses, pointing to a passage in david's own complaint that states "the beachfront management act [was] properly and validly designed to south carolina's " is south carolina required to compensate david under the takings clause?
Answers: 1
question
Business, 22.06.2019 19:20
After jeff bezos read about how the internet was growing by 2,000 percent a month, he set out to use the internet as a new distribution channel and founded amazon, which is now the world's largest online retailer. this is clearly an example of a(n)a. firm that uses closed innovation. b. entrepreneur who commercialized invention into an innovation. c. business that entered the industry during its maturity stage. d. exception to the long tail business model
Answers: 1
You know the right answer?
You are one of five risk-neutral bidders participating in an independent private values auction. eac...
Questions
question
Mathematics, 23.11.2020 17:00
question
Physics, 23.11.2020 17:00
question
Mathematics, 23.11.2020 17:00
question
Mathematics, 23.11.2020 17:00
question
Biology, 23.11.2020 17:00
question
Mathematics, 23.11.2020 17:00
question
Mathematics, 23.11.2020 17:00
question
Medicine, 23.11.2020 17:00