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The winner's curse refers to :?

 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.

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Question added by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date Posted: 2015/07/29
Elke Woofter
by Elke Woofter , Project Assistant , American Technical Associates

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
by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

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

Yaqoub Alomar
by Yaqoub Alomar , Civil Engineer , Al-Zubeir municipality

Agree with the given answers

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Ismael Hamad
by Ismael Hamad , Trainer , ANTONOIL DMCC , Lukoil project, WQ2

>>>>>>>>>>>>>>>>>>>> 

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

Ahmed Mohamed Ayesh Sarkhi
by Ahmed Mohamed Ayesh Sarkhi , Shared Services Supervisor , Saudi Musheera Co. Ltd.

My Answer Is Option :  " C  "       .

Gayasuddin Mohammed
by Gayasuddin Mohammed , Advocate , Practicing Law before High Court at Hyderabad

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

My answer is "C"

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

khaled elkholy
by khaled elkholy , HR MANAGER , misk for import & export

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

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