It's an awesome tutorial. I'm working on auction simulation for my game thory course. This video along with all other tutorials uploaded in this channel helped me a lot. Thanks for the tutorials....
I think it would totally depend on the conditions stated for the auction. For example, if there is tie, then only player i gets the good. Now, whether this is a Bayes-Nash equilibrium or not would be a different question
![(AGT10E4) [Game Theory] Solving Vickrey (Second Price) Auction: Weakly Dominant Strategy Equilibrium](http://i.ytimg.com/vi/V_NTyI_BiBI/mqdefault.jpg)
I hv watched a few videos about the second price auction and this is the only one that makes it clear to me. Thank you.
It's an awesome tutorial. I'm working on auction simulation for my game thory course. This video along with all other tutorials uploaded in this channel helped me a lot. Thanks for the tutorials....
Great explanation, thanks!
Is te hatbused in M&A where valuation is sometimes secondary to how the buyer is going to pay for the acquisition?
what if players bid the same
I think it would totally depend on the conditions stated for the auction. For example, if there is tie, then only player i gets the good. Now, whether this is a Bayes-Nash equilibrium or not would be a different question