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Game Theory and Strategy · End Term · 21 Dec 2025 · September 2025 term

Question 39: The expected revenue of the seller in this auction scena…

Question 39

+1 markOne correct option

Six bidders with private valuations uniformly distributed between 0 and 1 participate in a sealed bid first price auction. Assuming that everyone is playing the symmetric equilibrium bidding strategy.
Based on the above data, answer the given subquestions.

The expected revenue of the seller in this auction scenario will be

  1. A

    4/5

  2. B

    5/7

  3. C

    2/3

  4. D

    2/5

Show answer

Correct answer

  • B

    5/7

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Question 39 of 51 in the IIT Madras BS Game Theory and Strategy (Game Theory) End Term paper sat on 21 Dec 2025, in the September 2025 term (Game Theory And Strategy 18 Dec 25). It carries 1 mark.

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