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Journal Article A Bidding Model of Perfect Competition Get access Robert Wilson Robert Wilson Stanford University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 44, Issue 3, October 1977, Pages 511–518, https://doi.org/10.2307/2296904 Published: 01 October 1977 Article history Received: 01 October 1975 Accepted: 01 October 1976 Published: 01 October 1977
Robert Wilson (1977) studied this question.