Tag Archives: Auctions

Auction-based Tic Tac Toe: Solution

Posted on July 9, 2013 by

Reshef, Moshe and Sam The question: (based on discussions with Reshef Meir, Moshe Tennenholtz, and Sam Payne) Tic Tac Toe is played since anciant times. For the common version, where the two players X and O take turns in marking … Continue reading →

Posted in Games, Test your intuition | Tagged | 6 Comments

Test Your Intuition (21): Auctions

Posted on May 18, 2013 by

You run a single-item sealed bid auction where you sell an old camera. There are three bidders and the value of the camera for each of them is described by a certain (known) random variable: With probability 0.9 the value … Continue reading →

Posted in Economics, Games, Test your intuition | Tagged , , | 3 Comments