Probability Practice: Auction Theory Problems Based on the 1517 Renaissance Portrait Auction
educationstatisticsart

Probability Practice: Auction Theory Problems Based on the 1517 Renaissance Portrait Auction

ccalculation
2026-02-13
11 min read
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Classroom-ready auction theory probability problems using a 1517 portrait case: expected value, Bayesian updates, winner's curse, and spreadsheet simulations.

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2026-02-13T08:42:39.783Z