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by freejazz 547 days ago
So?
1 comments

So a bid of $200 in a Vickrey auction that results in a $101 sale price doesn't imply that you could have otherwise gotten $200, because in a different type of auction the bidder wouldn't have bid that much.
Well it does imply that they did value it at $200 so I'm not sure what you aren't getting because it's very plain.