question archive Consider a first price auction with two players: Assume that each player has a valuation drawn from interval [0; 2] according to a uniform distribution
Consider a first price auction with two players: Assume that each player has a valuation drawn from interval [0; 2] according to a uniform distribution
Subject:BusinessPrice: Bought3
Consider a first price auction with two players:
Assume that each player has a valuation drawn from interval [0; 2] according to a uniform distribution. Find an equilibrium in which bids are linear in valuations.
(Hint: You can solve it in either Uniform Case or Bayesian Nash Equilibrium)
