It's also possible that experience will lead them to approximate rationality, and they'll reduce their bids.
Approximate rationality might cause them to make smaller bids.
All bids will be certainly be larger in the future.
A man is having a drink.
A person is riding a bike
A popular bike trail is the Pacific Coast Bicentennial Bike Route which runs for 1,000 miles.
You ought to take every word as it is - with no deeper meaning.
There are two people.
He was troubled by the events that unfolded before him.