在引入预算约束的前提下，采用独立私人价值模型，给出了该拍卖模型的买方Bayesian-Nash均衡报价策略，并与不考虑预算约束的情形进行了比较。
Under the condition of introducing the budget-constraint , applying the individual private value model , the bidders ' Bayesian-Nash equilibrium bid strategy is given out and is compared with that of no budget-constraint .
私人价值模型