Consider an auction with 1,000 risk-neutral bidders. It is known that these bidders have affiliated values. Based on this information, we know the expected revenues for the different auction types will be:
A. First-price, sealed-bid > Second-price, sealed-bid > English > Dutch.
B. First-price, sealed-bid = Dutch > English > Second-price, sealed-bid.
C. English > Second-price, sealed-bid > First-price, sealed-bid = Dutch.
D. English = Second-price, sealed-bid = First-price, sealed-bid = Dutch.
Answer: C
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Indicate whether the statement is true or false