3 ms·
So?
by freejazz 2y ago
So?
- AnthonyMouse 2y agoSo a bid of $200 in a Vickrey auction that results in a $101 sale price doesn't imply that you could have otherwise gotten $200, because in a different type of auction the bidder wouldn't have bid that much.
- freejazz 2y agoWell it does imply that they did value it at $200 so I'm not sure what you aren't getting because it's very plain.