Bidding for contract games applying game theory to analyze first price sealed bid auctions
Approved for public release; distribution is unlimited === This study analyzed the first price sealed bid auction (FPSBA) using computer simulations. The first price sealed bid auction is a static Bayesian game with incomplete information. These games have a well defined symmetric Bayesian Nash equi...
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| Language: | English |
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Monterey, California. Naval Postgraduate School
2012
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| Online Access: | http://hdl.handle.net/10945/8031 |