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Compare and contrast: a) The English and Dutch auctions; and, b) The sealed bid first price auction and the Vickery Auction.

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The following video describes auctions as price discovery mechanisms https://www.youtube.com/watch?v=4kWuxfVbIaU Use the video on auctions and at least 3 academic and/or high-quality business publications, see definitions below, to answer the following questions in 5-7 pages: There are many types of auctions each with strengths and weakness at uncovering the real price/value of an item. Compare […]

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