Gaming and Strategic decisions ■ An Example Second highest bidder must pay the amount he or she bid 4) How much would you bid for a dollar? Game Theory 西南民族大学 Slide 9Game Theory 西南民族大学 Slide 9 Gaming and Strategic Decisions ◼ An Example 3) Second highest bidder must pay the amount he or she bid 4) How much would you bid for a dollar?