Sancy robbery and murder was found. When the body was disinterred, the jewel was found in the faithful man's stomach. De Sancy later sold the diamond to James I (successor of Queen Elizabeth) about 1605 when it is thought the Sancy acquired its name. It was described in the Tower of London's 1605 Inventory of Jewels as "...one fayre dyamonde, cut in fawcetts, bought of Sauncy." James had it set into the Mirror of Great Britain. The Sancy was briefly possessed by the unfortunate Charles I (King of England, Scotland and Ireland) and then by his third son James II. Beleaguered
Sequential auction a better strategy: she can let Bob win the first item (e.g. by bidding 0). Then, Bob will not participate in the second auction at all, so Alice will win the second item and pay 0, and her net utility will be 5 − 0 = 5. A similar outcome happens in a SAFP. If each item is sold in isolation, there is a Nash equilibrium in which Alice bids slightly above 4 and wins, and her net utility is slightly below 2. But, if Alice knows Bob's valuations, she can deviate to a strategy that lets Bob win in