Economy, asked by GajuEstilo2668, 1 year ago

Diff between private and common value auction

Answers

Answered by janvi47
1
In common value auctions the value ofthe item for sale is identical amongst bidders, but bidders have differentinformation about the item's value. This stands in contrast to a private value auction where each bidder'sprivate valuation of the item isdifferent and independent of peers' valuations.

Anonymous: Nd celbrating joy of blocking u with my sweety
Anonymous: Nd get lost now nd understand every boys are not pèrvs to dance under ur feets
Anonymous: I hav very good frnds too
janvi47: can i delete your account
Anonymous: Ohh...really
janvi47: hmm
Anonymous: Im really scared
janvi47: bye
Anonymous: Oh noooo.....
Anonymous: Bye..
Similar questions