Pricing: Auctions

Sound recorded with Blue Yeti Microphone: https://amzn.to/4wK7sTb Video recorded with Logitech Brio: https://amzn.to/3UghAEA In this clip, we discuss different auction formats and the implications on bidding strategy and expected revenue, including English auctions, Dutch auctions, first price sealed bid auctions, and second price sealed bid auctions. How a Winner's Curve occurs in common value auctions. English Auction of Salvator Mundi: http://english.yehu.info/ Dutch Auctions: http://dutch.yehu.info/