Different ways of conducting a private-value, Econometrics

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Different ways of conducting a private-value

Which of the following is true about different ways of conducting a private-value auction?

a. A first-price auction is strategically equivalent to a second-price auction.

b. A first-price auction is strategically equivalent to an English auction.

c. A second-price auction is strategically equivalent to an English auction.

d. None of the above

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Econometrics: Different ways of conducting a private-value

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Econometrics: Different ways of conducting a private-value

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