Above is the game-tree for the dollar auction with bankroll of 3 units and stakes of 2 units. Next, proceed to the first step of the analysis to see what the optimum first bid should be.
Janice Sklensky
Wheaton College
Department of Mathematics and Computer Science
Science Center, Room 109
Norton, Massachusetts 02766-0930
TEL (508) 286-3973
FAX (508) 285-8278
jsklensk@wheatonma.edu
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