Eco514 Game Theory Problem Set 5: Due Tuesday, November 23 From OR:226.1,227.1,229.1,237.1,243.1 For 243.1, also prove that the reputational equilibrium is sequential
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
