Question: Question 1 (25 points) We have three bidders (A, B and C) and three goods (x, y and z). The valuations are: = 21

Question 1 (25 points) We have three bidders (A, B and C) and three goods (x, y and z). The valuations are: = 21 = 17 VA(y) = 9 = 33 UA(xz) = 15 VB(a:) = 13 t'B(y) = 15 t'B(z) = 25 VB(xz) = 11 vc(x) vc(y) vd z) = 19 All the valuations that are missing are assumed to be equal to O (so for instance we have = O, Ui() = O for any bidder i = A, B, C, etc.). Find the allocation and the price paid by each bidder with the VCG auction.

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