oil lease results

oil lease results - Average Bid if saw 0: 1.316 Average Bid...

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Discrete Bids Average Bid if saw 0: 1.364 Average Bid if saw 3 : 2.73 Average Profit = .462 million Number positive = 6, Number negative = 4, Number zero = 3 Continuous Bids
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Unformatted text preview: Average Bid if saw 0: 1.316 Average Bid if saw 3 : 2.605 Average Profit = .649 million Number positive = 6, Number negative = 5, Number zero = 2...
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This note was uploaded on 12/26/2011 for the course ECON 177 taught by Professor Garratt during the Fall '09 term at UCSB.

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