?
(b) Through an act of espionage, Johnny is able to discover Bodhi’s valuations of the two items, and so Johnny tries to use the information to bid dishonestly. The announced valuations are therefore
Surf Board | 70 %? | 69.9 %? |
Richard Nixon Mask | 30 %? | 30.1 %? |
Based on these valuations, determine the outcome of the adjusted winner method.?
Bodhi receives?? ???????Bodhi receives no items????Bodhi receives Surf Board????Bodhi receives Richard Nixon Mask????Bodhi receives Surf Board and Richard Nixon Mask??? ?.??
Johnny receives?? ???????Johnny receives no items????Johnny receives Surf Board????Johnny receives Richard Nixon Mask????Johnny receives Surf Board and Richard Nixon Mask??? ?.??
Bodhi and Johnny will share the?? ???????Bodhi and Johnny do not need to subdivide any of the items????Bodhi and Johnny must share the Surf Board????Bodhi and Johnny must share the Richard Nixon Mask??? ?,??
with Bodhi receiving???% of it??
and Johnny receiving???% of it.??
(If Bodhi and Johnny do not need to subdivide any of the items, you should enter zeros in the last two boxes.)
What is the total value received by each party??
Bodhi believes they received??% of the total value of all of the goods.
Using Johnny’s dishonest bid, Johnny “believes” they received??% of the total value of all of the goods.
Using Johnny’s true bid, they actually received??% of the total value of all of the goods.