The winner's curse refers to :?

Question

a. the reaction of losers in an English auction to the winner.

b. a tax imposed on the winners of English auctions.

c. paying an amount that exceeds the true value of an item at auction.

d. a Dutch auction in which the winner is obliged, by tradition, to berate the auctioneer.

Elke Woofter · Answer

Yes, indeed paying more for an item than it is worth ... therefore I would go with option C...

But do not forget ... it is all how badly one want this item and willing to pay the price...

Emad Mohammed said abdalla · Answer

The correct answer was: c. paying an amount that exceeds the true value of an item at auction..

Ayoub Tartir , PMP, GWCPgM, CISA, CISSP, CAP, CSSLP, FITSP-D, CEH, CHFI, CCNA, CCNA Security, Security+, Network+ · Answer

Option (C) is the correct answer.

Yaqoub Alomar · Answer

Agree with the given answers

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Ismael Hamad · Answer

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c. paying an amount that exceeds the true value of an item at auction.

Ahmed Mohamed Ayesh Sarkhi · Answer

My Answer Is Option : " C " .

Gayasuddin Mohammed · Answer

Its a learning for me. Agreed and Go with the experts answers. Thanks.

Deleted user · Answer

My answer is "C"

Paying an amount that exceeds the true value of an item at auction IS a curse!

khaled elkholy · Answer

c. paying an amount that exceeds the true value of an item at auction. 
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