Question: Twoplayers 1 and 2 compete for a single object worth v 1 to payer i = 1 , 2 . The winner of therin the

Twoplayers 1 and 2 compete for a single object worth v1 to payer i=1,2. The winner of therin the player ullo remains aggussine longer, where the cost of bring agressine is I per ruit or time. An action xj of player i is non-negative real number and signifus that i uill remain aggussive the xi, the object sown by the player rullo bew remain aggussive longer but botu playons must to pay the cost of Memaining aggussixe, be,
xi=xjvivj0,1vivjUi(xi,xj,vi)=(vi-xi)y,xi>xj,vi(xi,xj,vi)
=-xiyxi
xi=xj. Assume that a player's valuation is private infosmation. Assume aloo that vi and vj are tro independeur reurdour variables destuibuted uniformbly on0,1. Compute an asymmatric Bayesian Nash Equilibuium is then equiliblium efficleut for encery possible realsation ofvi aud vj.
Twoplayers 1 and 2 compete for a single object

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