Why you overpaid at that online auction
Episode
8 min
Read time
2 min
Topics
Investing, Artificial Intelligence, Psychology & Behavior
AI-Generated Summary
What It Covers
The Indicator explores winner's curse through coin jar auction experiment, examining why auction winners often overpay in business deals and AI investments.
Notable Moment
Corey Bridges wins office coin jar auction by bidding nine dollars twenty-five cents for eight dollars worth of quarters, demonstrating winner's curse firsthand.
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