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Unformatted text preview: L ) H = First, note that there is no distortion for type H u ( c ( H )) = 1 H v y ( H ) H Also, observe that c ( H ) > c ( L ) note that incentive compatibility implies v y ( H ) H -v y ( L ) H = u ( c ( H ))-u ( c ( L )) > and therefore y ( H ) > y ( L ) 37...
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- Fall '10