(AGT10E9) [Game Theory] Calculating Expected Revenue in Vickrey (Second Price) Auction

In this episode we calculate the seller's expected revenue in the second price auction. We define important concepts such as expected payment of a bidder with a particular signal and ex-ante expected payment of a bidder.
It's crucial to watch lecture videos in the proper order to ensure effective learning. This is because the concepts in each video build upon those introduced in previous videos. To help you with this, I recommend visiting my website, www.selcukozyurt.com, for a recommended course outline.

[@War4Skills]

Really well explained and love the small stops you make to explain little details that make it so much easier to understand!

[@Sunzehui]

so great explanation ,i like this teacher thanks

[@louiszhang1997]

excellent explanation!

[@ameliali9489]

so good. Thanks a lot.