Winner's Curse
Type: Concept
A phenomenon where the winner of a bid ends up overpaying due to overestimation.
Mentioned in 1 podcast episode
Podcast Appearances
- This Bias Turns Winning Into REGRET: The Winner's Curse | Alex Imas on John R. Miles
Type: Concept
A phenomenon where the winner of a bid ends up overpaying due to overestimation.
Mentioned in 1 podcast episode