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    Managerial Economics Study Set 2
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    Exam 18: Auctions
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    This Factor Contributes to the Winner's Curse
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This Factor Contributes to the Winner's Curse

Question 40

Question 40

Multiple Choice

This factor contributes to the winner's curse


A) your estimate of the value of the object was not the most optimistic
B) your bid was not the highest
C) there were many other bidders that you beat out
D) you did not shade your bid enough

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