In this video, we present three classic types of auctions: First the sealed-bid auction, then the English auction, and finally the second price auction, which is a hybrid of the other two. Then we quickly show that the second price auction is a truthful mechanism.
Watch video Second Price Auction & Mechanism Design online without registration, duration hours minute second in high quality. This video was added by user Computational Thinking 16 October 2023, don't forget to share it with your friends and acquaintances, it has been viewed on our site 622 once and liked it 16 people.