Fig. 2.
Rational decision-making for the fourth (left panel) and third (right panel) players, given the existing bids, shown by circles, and bounded price knowledge, shown by the dashed-line interval
Official websites use .gov
A
.gov website belongs to an official
government organization in the United States.
Secure .gov websites use HTTPS
A lock (
) or https:// means you've safely
connected to the .gov website. Share sensitive
information only on official, secure websites.