1. Asymmetric auctions Consider an interdependent-values auction with two bidders, each of whom observes an i.i.d uniform signal s; E [ 0, 1]. Bidder i' s valuation for the object is equal to
Test 1 Directions: Choose from A), B, C and D) the best answer to complete each of the following sentences 1. No one takes him any more, he's become a figure of fun A)earnestly B)seriously