Essay On Little Idea

Essay About 1950Win And Vacation Trip
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Economics Problem Set 8Problem 1 – Vacation Auction (from Kreps).Imagine you are taking part in an auction where the object being auctioned is a vacation trip. There are 15 other prospective buyers in addition to you. You have determined that the trip is worth $2000 to you: you would rather have the trip and pay.

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