Hey prof, thanks so much for the educational video ! very informative :) may i request that u provide possible exam questions for topics such as auction bids, winner curse etc. i would like to know how to relate the fundamental concepts to actual test papers ! thanks !
I can't believe someone won the Nobel Prize in economics for this. It is super simple stuff. In a fair auction, the winner is the sucker. All the bidders hope for an unfair auction. Lack of bidders, better information, niche needs. you only need to go to one auction to understand this.
Hello dear professor Selcuk. I would like to thank you first for your videos on TH-cam they help me a lot. Please can you make a video on TH-cam or share with me a simple method how to solve the second and first Price Auction in Common Value Auctions. thank you in advance.
Hey prof, thanks so much for the educational video ! very informative :) may i request that u provide possible exam questions for topics such as auction bids, winner curse etc. i would like to know how to relate the fundamental concepts to actual test papers ! thanks !
I can't believe someone won the Nobel Prize in economics for this. It is super simple stuff. In a fair auction, the winner is the sucker. All the bidders hope for an unfair auction. Lack of bidders, better information, niche needs. you only need to go to one auction to understand this.
Hello dear professor Selcuk.
I would like to thank you first for your videos on TH-cam they help me a lot.
Please can you make a video on TH-cam or share with me a simple method how to solve the second and first Price Auction in Common Value Auctions.
thank you in advance.