3. For the first price auction game discussed in class, determine whether the following strategy pair is a Bayesian Nash
Posted: Sun Jul 03, 2022 6:57 am
3. For the first price auction game discussed in class, determine whether the following strategy pair is a Bayesian Nash Equilibrium Bidder 1: bid 40 when the valuation is 50, bid 70 when the valuation is 100 Bidder 2: bid 40 when the valuation is 50, bid 70 when the valuation is 100