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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 4

Question 4

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 not many other bidders you had to beat out
D) you shaded your bid a lot

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