Ask the Chatbot Games & Quizzes History & Society Science & Tech Biographies Animals & Nature Geography & Travel Arts & Culture Money Videos
winner’s curse
Directory
References
Discover
Andrew Jackson delivering a speech while on his way to Washington, D.C., for his inauguration in 1829. From Harper's Weekly, 1881.
5 Remarkably Close U.S. Presidential Elections
Groups of depositors in front of the closed American Union Bank, New York City. April 26, 1932. Great Depression run on bank crowd
Causes of the Great Depression
Statue of Nostradamus
Nostradamus and His Prophecies
Close up of books. Stack of books, pile of books, literature, reading. Homepage 2010, arts and entertainment, history and society
12 Novels Considered the “Greatest Book Ever Written”
Globe South America, map
What’s the Difference Between Hispanic and Latino?
Vincent Van Gogh, Self Portrait. Oil on canvas, 1887.
Rediscovered Artists: 6 Big Names That Time Almost Forgot
Washington DC.,USA, April 26, 1989. Supporters for and against legal abortion face off during a protest outside the United States Supreme Court Building during Webster V Health Services
Pro and Con: Abortion

winner’s curse

business

Learn about this topic in these articles:

auction theory

  • In Paul Milgrom

    …falling victim to the “winner’s curse”—the situation in which the bidder unwittingly pays more for an item than what its common value turns out to be. Thus, the final price of the item will be lower than it would be if bidders had more information relevant to determining the…

    Read More
  • In Robert B. Wilson

    …falling victim to the “winner’s curse”—the situation in which the bidder unwittingly pays more for an item than what its common value turns out to be. Thus, the final price of the item will be lower than it would be if bidders had more information relevant to determining the…

    Read More