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Business, 26.06.2019 03:30 koranbutterton

If there are 100 tickets to a concert and 200 fans who would like to go to the concert, each placing a slightly different value on the tickets, is it more efficient to hold an auction for the tickets or to hold a random drawing for the tickets? hold a random drawing both are equally efficient. hold an auction it is impossible to say which is more efficient.

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If there are 100 tickets to a concert and 200 fans who would like to go to the concert, each placing...
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