The Winner's Curse

BookMentioned in 1 video

A new book by Richard Thaler, also the concept of when the highest bidder in an auction likely overpaid. This was originally discovered by Arco engineers and applies to NFL drafts.

Videos Mentioning The Winner's Curse

Richard H. Thaler — The Winner’s Curse and Going Against the Establishment (with Nick Kokonas)

Richard H. Thaler — The Winner’s Curse and Going Against the Establishment (with Nick Kokonas)

Tim Ferriss

A new book by Richard Thaler, also the concept of when the highest bidder in an auction likely overpaid. This was originally discovered by Arco engineers and applies to NFL drafts.