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May 2020
34m 15s

Bidder Beware: With Guests Max Bazerman ...

CHARLES SCHWAB
About this episode
Have you ever bid in a competitive auction—say, on eBay—and won the item, only to see a similar item for sale elsewhere at a lower price? If so, you may have fallen prey to the winner’s curse. In this episode of Choiceology with Katy Milkman, we look at bias that can lead people to overpay in auctions and other types of negotiations. We begin with the stor ... Show More
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