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But my guess is, it's reasonable to assume its bell shaped.
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There's some central tendency to estimate something close to the truth.
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If I'd drawn this correctly I'd have its highest point at V.
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I haven't quite drawn it correctly.
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It's probably roughly symmetric.
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Okay, so now suppose that people's bidding strategy is
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pretty much what they reported.
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People are going to bid roughly their estimate of
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the number of coins in the jar.
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So suppose people bid Bi roughly equal to Yi.
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So I know people are going to shade a little bit,
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but let's ignore that for now.