Two construction companies, Giant and Sky , bid for the right to build in a field. The
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Question:
Two construction companies, Giant and Sky bid for the right to build in a field. The possible bids are $ Million, $ Million, $ Million, $ Million and $ Million. The winner is the company with the higher bid. The two companies decide that in the case of a tie equal bids Giant is the winner and will get the field. Giant has ordered a survey and, based on the report from the survey, concludes that getting the field for more than $ Million is as bad as not getting it assume loss except in case of a tie assume win Sky is not aware of this survey.
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