Question: Consider a 4-bidder auction model. The auction is second price sealed bid. However, now, the bidders know each-others valuation. Assume that v1 > v2 >

Consider a 4-bidder auction model. The auction is second price sealed bid. However, now, the bidders know each-others valuation. Assume that v1 > v2 > v3 > v4. Find a Nash Equilibrium of the 2nd price sealed-bid auction where bidder 4 obtains the object.

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