Question: Suppose a person's true value for a good they already are endowed with is v and they offer b>v in Becker-Degroot-Marschak task. Why would they

Suppose a person's true value for a good they

Suppose a person's true value for a good they already are endowed with is v and they offer b>v in Becker-Degroot-Marschak task. Why would they be better off (or at least no worse off) bidding b = v? (Hint: draw a number line for each potential outcome to illustrate your answer.)

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