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 shaded your bid too much

Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter18: Auctions
Section: Chapter Questions
Problem 18.1IP
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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 shaded your bid too much

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