Maxco and Gambit are bidding on oil leases. Gambit will soon know the rent with some accuracy. Maxco bids are not as accurate. The goal is for the student to think carefully about how Gambit will offer before deciding on a strategy Maxco author. "Hide
by John S. Hammond, Donald L. Wallace Source: Harvard Business School 6 pages. Publication Date: January 1, 1974. Prod. #: 174091-PDF-ENG
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