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The other auction George was thinking of is the Vickrey auction, which is a sealed-bid auction where the second-highest bidder wins. It won Vickrey the Nobel Prize.
By George Stankow4.6
3232 ratings
The other auction George was thinking of is the Vickrey auction, which is a sealed-bid auction where the second-highest bidder wins. It won Vickrey the Nobel Prize.

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