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In a single round sealed bid auction, it’s equally likely that a winner will have bid more than they would have in open bidding since they only get one shot to
by jameshart 2y ago
In a single round sealed bid auction, it’s equally likely that a winner will have bid more than they would have in open bidding since they only get one shot to name a price.
- bluGill 2y agoMaybe. Some will do this. Some will try for a deal in hopes that nobody else is bidding.