Question: Again, consider an auction in which there are two bidders who are both risk-neutral and whose private valuations of the item being sold are denoted

Again, consider an auction in which there are two bidders who are both risk-neutral and whose private valuations of the item being sold are denoted by t1 and t2. Suppose t1 and t2 are independently and uniformly distributed between 0 and 200. In a sealed bid second-price auction, if player 2's strategy is to bid using the rule a2 = 0.8t2, and with t1 = 100, what is player 1's EU-maximising bid? (Provide your answer as a number, without any currency symbol.)
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